1516 Richcreek RD, Austin TX 78757

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $454,450. To generate strong buyer interest while maximizing value, I'd price this between $514,000 and $519,000. Against 6 similar active listings in CRESTVIEW, this price point lands at the 3rd least expensive of 6 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in CRESTVIEW; a balanced market based on recent absorption. The trend in CRESTVIEW shows prices have risen 14% in the past 6 months. 1817 Madison Ave, Austin TX 78757 nearby adjusts to $471,603; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group