3804 Bailey LN # B, Austin TX 78756

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $967,640. To generate strong buyer interest while maximizing value, I'd price this between $481,000 and $491,000. In the current 78756 market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The 1997 construction puts this home 39 years newer than the comp average, a factor in the pricing. At 0.08 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. 7 similar homes are currently available in 78756, creating a balanced market for this price range. The trend in 78756 shows prices have fallen 20.5% in the past 6 months. 4413 Shoal Creek BLVD, Austin TX 78756 nearby adjusts to $890,993; with a larger floor plan. The 7 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