1510 Buffalo Gap RD, Austin TX 78734

This home was listed at $1,450,000 and was on the market for 101 days before expiring. Based on comparable sales, the market data suggests a value closer to $1,205,206. Here are some factors that may have played a role: At $949/sqft, the asking price appears to have been significantly above the neighborhood average of $280/sqft. That gap that can deter buyer interest. After 101 days on market, buyer interest typically drops, and listings can become "stale" in buyer perception. At $949/sqft, the asking price was 239% above the area median, though there may have been upgrades or features not captured in the data. At 9 years older than typical comps, the 1974 build date influences the valuation. The larger lot (1.03 acres versus the area average of 0.32) contributes to the valuation. With 7 comparable sales in BUFFALO GAP, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group