2217 Billy Mills LN, Austin TX 78748

The market data from 5 similar recent sales in OLYMPIC HEIGHTS points to a value of approximately $439,982. To sell within a reasonable timeframe at fair market value, the $427,000 to $453,000 range is where I'd position this. Against 3 similar active listings in OLYMPIC HEIGHTS, this price point lands at the most expensive of 3 comparable homes on the market. The larger floor plan (183 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.20 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in OLYMPIC HEIGHTS; a balanced market based on recent absorption. In OLYMPIC HEIGHTS, home values have fallen approximately 1.7% over the past 6 months. One of the strongest data points is 2008 Jesse Owens DR, Austin TX 78748, adjusting to $400,659; with a larger floor plan. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group