4908 CANELLA DR, Austin TX 78744

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $213,040. I'd recommend coming to market at $150,000 to $160,000 to strike the right balance between value and market velocity. With 5 comparable homes on the market in 78744, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. At 445 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1981, this home is 11 years older than the average comp, which is reflected in the adjustments. Based on 7 relevant data points in 78744, 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