4507 Abelia DR, Austin TX 78727

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $376,625. I'd recommend coming to market at $324,000 to $334,000 to strike the right balance between value and market velocity. In the current ARROWWOOD market with 6 similar homes available, this price represents the 2nd most expensive of 6 comparable homes on the market. Built in 1989, this home is 7 years newer than the average comp, which is reflected in the adjustments. Buyers in ARROWWOOD have 6 comparable options right now, with asking prices between $369,000 and $475,000. The trend in 78727 shows prices have fallen 8% in the past 6 months. 12308 Tipperary CV, Austin TX 78759 nearby adjusts to $445,550; a strong comparable. Based on 7 relevant data points in ARROWWOOD, 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