2727 Lyons RD, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $494,715. To generate strong buyer interest while maximizing value, I'd price this between $325,000 and $335,000. With 7 comparable homes on the market in JONES I, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 1984 construction puts this home 7 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in JONES I (a balanced market), competition is a factor to consider. The trend in JONES I shows prices have risen 56.5% in the past 6 months. 3008 E 3rd ST, Austin TX 78702 nearby adjusts to $573,980; a strong comparable. 4 comparable transactions in JONES I support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group