Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $721,059. To generate strong buyer interest while maximizing value, I'd price this between $699,000 and $743,000. Among the similar homes currently available in SOUTHLAND OAKS, this price point stands out as competitive. At 552 sqft larger than the typical comp, the size difference factors into the valuation. At 0.29 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. 4 similar homes are currently available in SOUTHLAND OAKS, creating a balanced market for this price range. The trend in SOUTHLAND OAKS shows prices have risen 13.8% in the past 6 months. 11500 Arbor Downs RD, Austin TX 78748 nearby adjusts to $739,347; with a smaller floor plan. The 4 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