2120 Ravenscroft DR, Austin TX 78748

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $467,653. I'd recommend coming to market at $519,000 to $527,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in HILLCREST, this price positions the property as the most affordable of 4 comparable homes on the market. The 716 sqft size difference versus comparable sales is reflected in the adjusted values. Right now, 4 similar properties are competing for buyers in HILLCREST, listed between $499,990 and $695,000. The trend in HILLCREST shows prices have fallen 11.9% in the past 6 months. 2552 Lavendale CT, Austin TX 78748 nearby adjusts to $526,822; a strong comparable. Based on 6 relevant data points in HILLCREST, 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