2838 Montebello RD # 16, Austin TX 78746

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,361,723. To generate strong buyer interest while maximizing value, I'd price this between $1,156,000 and $1,166,000. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in TREEMONT PARK. The 1987 construction puts this home 8 years newer than the comp average, a factor in the pricing. At 0.17 acres, the lot is smaller than the 0.23 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in TREEMONT PARK, listed between $1,150,000 and $1,850,000. The trend in 78746 shows prices have risen 2.2% in the past 6 months. 3212 Thousand Oaks DR, Austin TX 78746 nearby adjusts to $1,768,739; with a larger floor plan. The 5 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