4941 China Garden DR, Austin TX 78730

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,010,452. I'd recommend coming to market at $1,011,000 to $1,074,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in RIVER PLACE, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The 168 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.15 acre lot (smaller than the 0.30 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in RIVER PLACE, listed between $899,000 and $1,169,900. The trend in RIVER PLACE shows prices have fallen 5.4% in the past 6 months. 10204 Treasure Island DR, Austin TX 78730 nearby adjusts to $980,866; a strong comparable. Based on 7 relevant data points in RIVER PLACE, 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