3006 RAYWOOD DR, Austin TX 78704

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $627,906. I'd recommend coming to market at $732,000 to $734,000 to strike the right balance between value and market velocity. In the current 78704 market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The 0.00 acre lot (smaller than the 0.18 acre average) is reflected in the estimate. 7 similar homes are currently available in 78704, creating a buyer's market for this price range. The trend in 78704 shows prices have fallen 3.9% in the past 6 months. 1109 Fieldcrest DR, Austin TX 78704 nearby adjusts to $802,182; with a smaller floor plan. Based on 7 relevant data points in 78704, 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