5003 Michelle CT, Austin TX 78744

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $427,894. To generate strong buyer interest while maximizing value, I'd price this between $363,000 and $373,000. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in FRANKLIN PARK. At 335 sqft larger than the typical comp, the size difference factors into the valuation. At 0.23 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in FRANKLIN PARK, ranging from $389,000 to $575,000. The trend in 78744 shows prices have risen 3.8% in the past 6 months. 4605 Cedargrove DR, Austin TX 78744 nearby adjusts to $281,355; 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