4703 ARAPAHOE PASS, Austin TX 78745

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $859,476. To generate strong buyer interest while maximizing value, I'd price this between $842,000 and $877,000. With 7 comparable homes on the market in 78745, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The 214 sqft size difference versus comparable sales is reflected in the adjusted values. The 1963 construction puts this home 29 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in 78745, ranging from $549,000 to $1,589,000. The trend in 78745 shows prices have fallen 2.8% in the past 6 months. 5203 Buffalo PASS, Austin TX 78745 nearby adjusts to $938,092; with a larger floor plan. 7 comparable transactions in 78745 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