Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,993,322. To generate strong buyer interest while maximizing value, I'd price this between $2,728,000 and $3,167,000. With 7 comparable homes on the market in BUNNY BEND CONDO, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. This home's larger footprint (265 sqft vs the comp average) plays a role in how the market prices it. At 0.61 acres, the lot is larger than the 0.57 acre comp average, which factors into pricing. Buyers in BUNNY BEND CONDO have 7 comparable options right now, with asking prices between $1,725,000 and $9,995,000. The trend in 78746 shows prices have risen 8.9% in the past 6 months. 6216 Northern Dancer DR, Austin TX 78746 nearby adjusts to $2,031,372; with a larger floor plan and a pool. The 6 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