21 Carriage House LN, Austin TX 78737

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $704,809. I'd recommend coming to market at $542,000 to $552,000 to strike the right balance between value and market velocity. Against 7 similar active listings in HERITAGE OAKS, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The smaller floor plan (670 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1979, this home is 14 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in HERITAGE OAKS; a balanced market based on recent absorption. The trend in HERITAGE OAKS shows prices have fallen 10.7% in the past 6 months. 16 Tall Oaks TRL, Austin TX 78737 nearby adjusts to $678,086; with a larger floor plan. 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