406 Powell CIR # B, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,110,882. To generate strong buyer interest while maximizing value, I'd price this between $836,000 and $846,000. Against 3 similar active listings in SOUTH PARK, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The 278 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.24 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in SOUTH PARK, listed between $785,000 and $1,150,000. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 2707 La Mesa DR, Austin TX 78704 nearby adjusts to $1,186,899; with a larger floor plan. 6 comparable transactions in SOUTH PARK 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