1628 Poppy Seed LN, Austin TX 78741

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $384,330. I'd recommend coming to market at $406,000 to $414,000 to strike the right balance between value and market velocity. Against 6 similar active listings in RIVERSIDE MEADOWS, this price point lands at the 3rd least expensive of 6 comparable homes on the market. Built in 2006, this home is 8 years older than the average comp, which is reflected in the adjustments. Current inventory shows 6 comparable homes in RIVERSIDE MEADOWS; a buyer's market based on recent absorption. The trend in 78741 shows prices have fallen 3.5% in the past 6 months. 7537 S Glenn ST, Austin TX 78744 nearby adjusts to $305,415; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group