2515 Berkett DR, Austin TX 78745

My analysis of 7 comparable properties puts this home's estimated value at $500,825. Based on how the local market is moving, a list price between $578,000 and $585,000 would position this home well. Buyers shopping in VILLAGE right now would see this as a well positioned option among 7 comparable homes. The larger floor plan (171 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.19 acres versus the area average of 0.15) contributes to the valuation. Current inventory shows 7 comparable homes in VILLAGE; a balanced market based on recent absorption. The 6 month price trend in VILLAGE: fallen 9%. The best comp here is 2508 Baxter DR, Austin TX 78745 at an adjusted value of $578,115, a strong comparable. With 7 comparable sales in VILLAGE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group