15405 Shady LN, Austin TX 78717

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $505,537. To generate strong buyer interest while maximizing value, I'd price this between $490,000 and $521,000. Against 7 similar active listings in ESD ONLY OAK PARK, this price point lands at the 3rd most expensive of 7 comparable homes on the market. Being 101 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1978 construction puts this home 10 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in ESD ONLY OAK PARK; a buyer's market based on recent absorption. The trend in 78717 shows prices have fallen 0.4% in the past 6 months. 8423 Racine TRL, Austin TX 78717 nearby adjusts to $515,447; 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