3808 Pappys WAY, Austin TX 78730

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,314,717. To generate strong buyer interest while maximizing value, I'd price this between $1,052,000 and $1,062,000. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in GREENSHORES. The pool is a differentiator here, since 3 of 7 comparable sales didn't include one. At 0.38 acres, the lot is smaller than the 0.46 acre comp average, which factors into pricing. With 7 similar homes currently listed in GREENSHORES (a balanced market), competition is a factor to consider. The trend in GREENSHORES shows prices have risen 16.5% in the past 6 months. 7113 Malibu CV, Austin TX 78730 nearby adjusts to $1,306,700; with a smaller floor plan. 7 comparable transactions in GREENSHORES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group