2406 Cecil DR, Austin TX 78744

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $329,897. I'd recommend coming to market at $379,000 to $385,000 to strike the right balance between value and market velocity. Against 7 similar active listings in PERKINS VALLEY, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The pool is a standout feature, with 5 of 7 comparable homes not offering one. Built in 1967, this home is 32 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in PERKINS VALLEY (a buyer's market), competition is a factor to consider. The trend in 78744 shows prices have risen 3.4% in the past 6 months. 8701 Meridian Oak LN, Austin TX 78744 nearby adjusts to $321,940; a strong comparable. 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