16100 Larustinus ST, Austin TX 78724

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $386,518. I'd recommend coming to market at $414,000 to $415,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in ELM PARK. The 228 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 3 comparable homes in ELM PARK; a seller's market based on recent absorption. The trend in ELM PARK shows prices have fallen 4.5% in the past 6 months. 16125 Viburnum DR, Austin TX 78724 nearby adjusts to $345,000; a strong comparable. Based on 3 relevant data points in ELM PARK, 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