2404 Allston LN, Austin TX 78746

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $3,488,205. I'd recommend coming to market at $2,981,000 to $2,991,000 to strike the right balance between value and market velocity. Against 6 similar active listings in WEST RIM, this price point lands at the 2nd least expensive of 6 comparable homes on the market. Being 805 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1983, this home is 8 years older than the average comp, which is reflected in the adjustments. 6 similar homes are currently available in WEST RIM, creating a buyer's market for this price range. The trend in 78746 shows prices have fallen 4% in the past 6 months. 6705 Bridge Hill CV, Austin TX 78746 nearby adjusts to $4,835,175; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group