16308 Terrace DR, Austin TX 78728

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $353,710. To generate strong buyer interest while maximizing value, I'd price this between $406,000 and $415,000. Among the similar homes currently available in NORTHRIDGE, this price point stands out as competitive. The 1955 construction puts this home 40 years older than the comp average, a factor in the pricing. At 0.29 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. 7 similar homes are currently available in NORTHRIDGE, creating a balanced market for this price range. The trend in 78728 shows prices have fallen 3.3% in the past 6 months. 16206 Parkview DR, Austin TX 78728 nearby adjusts to $330,750; with a larger floor plan. 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