2100 Teri RD, Austin TX 78744

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $367,350. I'd recommend coming to market at $356,000 to $378,000 to strike the right balance between value and market velocity. Against 3 similar active listings in PEPPERTREE PARK, this price point lands at the 2nd most expensive of 3 comparable homes on the market. At 221 sqft larger than the typical comp, the size difference factors into the valuation. The 0.20 acre lot (larger than the 0.17 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in PEPPERTREE PARK; a buyer's market based on recent absorption. The trend in PEPPERTREE PARK shows prices have fallen 15.6% in the past 6 months. 2306 Peppertree CT, Austin TX 78744 nearby adjusts to $406,283; with a smaller floor plan. Based on 5 relevant data points in PEPPERTREE PARK, 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