1505 Melissa Oaks LN, Austin TX 78744

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $529,235. I'd recommend coming to market at $438,000 to $448,000 to strike the right balance between value and market velocity. Among the similar homes currently available in CROSSING ONION CREEK&4, this price point stands out as competitive. This home's larger footprint (592 sqft vs the comp average) plays a role in how the market prices it. Built in 2005, this home is 6 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 4 comparable homes in CROSSING ONION CREEK&4; a buyer's market based on recent absorption. The trend in 78744 shows prices have risen 0% in the past 6 months. 301 W Stassney LN # 11, Austin TX 78745 nearby adjusts to $627,141; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group