4401 Terrilance DR, Austin TX 78741

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $398,396. I'd recommend coming to market at $316,000 to $326,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in REISSIG HEIGHTS. At 493 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1961, this home is 20 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in REISSIG HEIGHTS, creating a buyer's market for this price range. The trend in 78741 shows prices have fallen 12.2% in the past 6 months. 1716 Timberwood DR, Austin TX 78741 nearby adjusts to $271,999; a strong comparable. Based on 7 relevant data points in REISSIG HEIGHTS, 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