4716 Berkman # B, Austin TX 78723

Reviewing the most recent comparable transactions, this home's market value falls around $713,080. For a well positioned listing in 78723, I'd target the $836,000 to $885,000 range. Among the similar homes currently available in 78723, this price point stands out as competitive. The 764 sqft size difference versus comparable sales is reflected in the adjusted values. The 2014 construction puts this home 36 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in 78723 (a buyer's market), competition is a factor to consider. Recent trends in 78723 show home values have fallen 1.2% since 6 months ago. The most comparable recent sale is 2903 Breeze # 1, Austin TX 78722, with an adjusted value of $884,531; with a smaller floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group