1512 Edgewood Ave, Austin TX 78722

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $711,891. I'd recommend coming to market at $581,000 to $591,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in UPLAND, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. Being 250 sqft larger than the average comparable sale in this area impacts the per square foot value. There are currently 7 similar homes on the market in UPLAND, ranging from $525,000 to $899,000. The trend in 78722 shows prices have fallen 15.2% in the past 6 months. 3811 Cherrywood RD, Austin TX 78722 nearby adjusts to $909,754; with a smaller floor plan. Based on 5 relevant data points in UPLAND, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX