2303 VANDERBILT CRES, Austin TX 78723

Based on 7 closed sales in 78723, the data points to a value around $521,172 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $596,000 to $619,000. This would position the home competitively among 6 active listings in 78723. A pool adds market appeal. Only 7 minus 5 of the comps had one. Being built in 1963 (5 years older than comps) is factored into the value estimate. Buyers in 78723 have 6 comparable options right now, with asking prices between $499,000 and $625,000. Market data shows 78723 prices risen 6.1% over the last half year. The closest comparable sale, 7303 Geneva DR, Austin TX 78723 at an adjusted $411,300, is with a larger floor plan and no pool. The strength of this estimate comes from 7 directly comparable sales in 78723. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group