501 Genard ST, Austin TX 78751

The market data from 6 similar recent sales in KOENIG PLACE points to a value of approximately $594,423. To sell within a reasonable timeframe at fair market value, the $577,000 to $612,000 range is where I'd position this. Against 7 similar active listings in KOENIG PLACE, this price point lands at the 3rd least expensive of 7 comparable homes on the market. This home's larger footprint (268 sqft vs the comp average) plays a role in how the market prices it. The 2016 construction puts this home 8 years older than the comp average, a factor in the pricing. The active market in KOENIG PLACE includes 7 comparable homes priced from $475,000 to $925,000. In 78751, home values have risen approximately 5.8% over the past 6 months. One of the strongest data points is 5514 Avenue H # 1, Austin TX 78751, adjusting to $740,016; with a smaller floor plan. 6 comparable transactions in KOENIG PLACE 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