16302 Sydney Carol LN, Austin TX 78734

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $659,860. I'd recommend coming to market at $449,000 to $459,000 to strike the right balance between value and market velocity. Against 4 similar active listings in CANOPY HUDSON BEND CONDOMIN, this price point lands at the most expensive of 4 comparable homes on the market. At 127 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.41 acre lot (larger than the 0.24 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in CANOPY HUDSON BEND CONDOMIN; a buyer's market based on recent absorption. The trend in 78734 shows prices have fallen 4.8% in the past 6 months. 1503 Sharps RD, Austin TX 78734 nearby adjusts to $520,040; a strong comparable. With 3 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