3978 Far West BLVD, Austin TX 78731

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $481,097. I'd recommend coming to market at $544,000 to $562,000 to strike the right balance between value and market velocity. Against 7 similar active listings in CHIMNEY OAKS TWNHS, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 200 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1969, this home is 10 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in CHIMNEY OAKS TWNHS; a balanced market based on recent absorption. The trend in 78731 shows prices have risen 1.4% in the past 6 months. 6628 E Hill DR, Austin TX 78731 nearby adjusts to $445,007; with a smaller floor plan. Based on 5 relevant data points in CHIMNEY OAKS TWNHS, 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