1716 FAWN DR, Austin TX 78741

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $363,946. To generate strong buyer interest while maximizing value, I'd price this between $505,000 and $516,000. With 7 comparable homes on the market in 78741, this price positions the property as the most affordable of 7 comparable homes on the market. The 1963 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78741 (a buyer's market), competition is a factor to consider. The trend in 78741 shows prices have fallen 8.2% in the past 6 months. 3205 Laguna DR, Austin TX 78741 nearby adjusts to $291,033; with a smaller floor plan. 7 comparable transactions in 78741 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group