2512 Niemann DR, Austin TX 78748

Based on 7 closed sales in 78748, the data points to a value around $748,021 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $771,000 to $790,000. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in 78748's current inventory. This home's smaller footprint (118 sqft vs the comp average) plays a role in how the market prices it. The active market in 78748 includes 7 comparable homes priced from $635,000 to $800,000. Market data shows 78748 prices fallen 3% over the last half year. The closest comparable sale, 3121 Yandall DR, Austin TX 78748 at an adjusted $727,273, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in 78748. 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