2005 Romeria DR, Austin TX 78757

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $441,671. I'd recommend coming to market at $181,000 to $191,000 to strike the right balance between value and market velocity. Against 7 similar active listings in BURNET HEIGHTS, this price point lands at the most expensive of 7 comparable homes on the market. This home's smaller footprint (109 sqft vs the comp average) plays a role in how the market prices it. Built in 1948, this home is 9 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in BURNET HEIGHTS, creating a buyer's market for this price range. The trend in 78757 shows prices have risen 14% in the past 6 months. 2006 Palo Duro RD, Austin TX 78757 nearby adjusts to $402,413; with a larger floor plan. Based on 7 relevant data points in BURNET HEIGHTS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX