Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $748,420. To generate strong buyer interest while maximizing value, I'd price this between $635,000 and $645,000. With 7 comparable homes on the market in AVERY RANCH EAST, this price positions the property as the most expensive of 7 comparable homes on the market. The larger floor plan (147 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.75 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. Buyers in AVERY RANCH EAST have 7 comparable options right now, with asking prices between $599,000 and $975,000. The trend in AVERY RANCH EAST shows prices have fallen 1.1% in the past 6 months. 16600 Barrhead CV, Austin TX 78717 nearby adjusts to $688,908; 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