2056 Verbena DR, Austin TX 78750

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $312,249. I'd recommend coming to market at $343,000 to $361,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in VILLAS ANDERSON MILL CONDOS BL, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The 0.00 acre lot (smaller than the 0.16 acre average) is reflected in the estimate. With 3 similar homes currently listed in VILLAS ANDERSON MILL CONDOS BL (a balanced market), competition is a factor to consider. The trend in 78750 shows prices have fallen 8.2% in the past 6 months. 1046 Verbena DR # 1474, Austin TX 78750 nearby adjusts to $239,616; a strong comparable. With 7 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