5008 Hedgewood DR, Austin TX 78745

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $316,653. To generate strong buyer interest while maximizing value, I'd price this between $268,000 and $278,000. With 7 comparable homes on the market in 78745, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. At 196 sqft smaller than the typical comp, the size difference factors into the valuation. The 1977 construction puts this home 8 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in 78745; a buyer's market based on recent absorption. The trend in 78745 shows prices have risen 1.3% in the past 6 months. 4816 Aberdeen DR, Austin TX 78745 nearby adjusts to $283,057; a strong comparable. The 6 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