406 Oertli LN, Austin TX 78753

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $220,969. I'd recommend coming to market at $298,000 to $301,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78753, this price point lands at the 2nd least expensive of 7 comparable homes on the market. Built in 1945, this home is 33 years older than the average comp, which is reflected in the adjustments. The 0.23 acre lot (larger than the 0.19 acre average) is reflected in the estimate. 7 similar homes are currently available in 78753, creating a buyer's market for this price range. The trend in 78753 shows prices have fallen 1.8% in the past 6 months. 309 E Lola DR, Austin TX 78753 nearby adjusts to $258,834; a strong comparable. Based on 7 relevant data points in 78753, 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