4214 Prickly Pear DR, Austin TX 78731

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $801,509. I'd recommend coming to market at $463,000 to $473,000 to strike the right balance between value and market velocity. In the current 78731 market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. This home's smaller footprint (120 sqft vs the comp average) plays a role in how the market prices it. The 0.00 acre lot (smaller than the 0.37 acre average) is reflected in the estimate. Right now, 5 similar properties are competing for buyers in 78731, listed between $499,000 and $1,283,000. The trend in 78731 shows prices have risen 6.5% in the past 6 months. 7201 Mesa DR, Austin TX 78731 nearby adjusts to $747,915; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group