3005 Savoy PL, Austin TX 78757

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $824,934. I'd recommend coming to market at $896,000 to $915,000 to strike the right balance between value and market velocity. With 5 comparable homes on the market in 78757, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. The 0.17 acre lot (smaller than the 0.20 acre average) is reflected in the estimate. Current inventory shows 5 comparable homes in 78757; a buyer's market based on recent absorption. The trend in 78757 shows prices have risen 8.9% in the past 6 months. 2709 Cascade DR, Austin TX 78757 nearby adjusts to $763,264; a strong comparable. Based on 6 relevant data points in 78757, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX