415 Normandy ST, Austin TX 78745

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $582,354. To generate strong buyer interest while maximizing value, I'd price this between $389,000 and $399,000. With 7 comparable homes on the market in PLACIDENA, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. At 493 sqft larger than the typical comp, the size difference factors into the valuation. The 1953 construction puts this home 26 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in PLACIDENA (a buyer's market), competition is a factor to consider. The trend in 78745 shows prices have fallen 5.2% in the past 6 months. 4621 Banister LN, Austin TX 78745 nearby adjusts to $712,861; a strong comparable. The 7 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