2705 Lyons RD, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $547,174. To generate strong buyer interest while maximizing value, I'd price this between $608,000 and $616,000. Against 3 similar active listings in JONES I, this price point lands at the most affordable of 3 comparable homes on the market. The 2015 construction puts this home 6 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in JONES I; a buyer's market based on recent absorption. The trend in 78702 shows prices have fallen 7% in the past 6 months. 3101 Govalle Ave # 301, Austin TX 78702 nearby adjusts to $369,330; with a pool. 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