4522 Felicity LN, Austin TX 78725

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $209,154. I'd recommend coming to market at $223,000 to $234,000 to strike the right balance between value and market velocity. Among the similar homes currently available in CHAPARRAL CROSSING CONDO, this price point stands out as competitive. This home's smaller footprint (162 sqft vs the comp average) plays a role in how the market prices it. Built in 2009, this home is 5 years older than the average comp, which is reflected in the adjustments. 3 similar homes are currently available in CHAPARRAL CROSSING CONDO, creating a buyer's market for this price range. The trend in CHAPARRAL CROSSING CONDO shows prices have fallen 10.9% in the past 6 months. 4517 Truth WAY # 412, Austin TX 78725 nearby adjusts to $234,159; a strong comparable. Based on 7 relevant data points in CHAPARRAL CROSSING CONDO, 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