2307B Riverside Farms RD, Austin TX 78741

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $580,728. To generate strong buyer interest while maximizing value, I'd price this between $412,000 and $422,000. In the current RIVERSIDE FARMS market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. At 180 sqft larger than the typical comp, the size difference factors into the valuation. At 0.44 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in RIVERSIDE FARMS, listed between $380,000 and $693,900. The trend in 78741 shows prices have fallen 9.5% in the past 6 months. 6217 Clovis ST # A, Austin TX 78741 nearby adjusts to $663,913; a strong comparable. The 7 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