3701 EASTLEDGE DR, Austin TX 78731

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $2,195,727. I'd recommend coming to market at $2,506,000 to $2,759,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78731, this price point stands out as competitive. Being 582 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.36 acre lot (larger than the 0.28 acre average) is reflected in the estimate. Buyers in 78731 have 6 comparable options right now, with asking prices between $1,850,000 and $8,500,000. The trend in 78731 shows prices have fallen 15.8% in the past 6 months. 3403 Northwood CIR, Austin TX 78703 nearby adjusts to $2,221,768; with a smaller floor plan. Based on 3 relevant data points in 78731, 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