3300 Denver Ave, Austin TX 78723

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $699,360. I'd recommend coming to market at $782,000 to $784,000 to strike the right balance between value and market velocity. In the current MANOR ROAD market with 6 similar homes available, this price represents the most affordable of 6 comparable homes on the market. This home's smaller footprint (139 sqft vs the comp average) plays a role in how the market prices it. Built in 2020, this home is 6 years newer than the average comp, which is reflected in the adjustments. With 6 similar homes currently listed in MANOR ROAD (a buyer's market), competition is a factor to consider. The trend in 78723 shows prices have fallen 10% in the past 6 months. 2209 Palo Pinto DR # A, Austin TX 78723 nearby adjusts to $727,617; a strong comparable. Based on 4 relevant data points in MANOR ROAD, 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