4611 Ledesma RD, Austin TX 78721

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $549,290. To generate strong buyer interest while maximizing value, I'd price this between $444,000 and $454,000. With 4 comparable homes on the market in 78721, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. The 2010 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.22 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in 78721, listed between $474,900 and $689,000. The trend in 78721 shows prices have fallen 5% in the past 6 months. 1406 Cometa ST # 1, Austin TX 78721 nearby adjusts to $614,256; a strong comparable. 5 comparable transactions in 78721 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group