5001 Hedgewood DR, Austin TX 78745

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $431,669. To generate strong buyer interest while maximizing value, I'd price this between $274,000 and $284,000. In the current COMMUNITY FAIRVIEW market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. With 7 similar homes currently listed in COMMUNITY FAIRVIEW (a balanced market), competition is a factor to consider. The trend in COMMUNITY FAIRVIEW shows prices have fallen 11.1% in the past 6 months. 511 Ramble LN, Austin TX 78745 nearby adjusts to $511,113; a strong comparable. 7 comparable transactions in COMMUNITY FAIRVIEW 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