501 Normandy ST # A, Austin TX 78745

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $366,903. To generate strong buyer interest while maximizing value, I'd price this between $404,000 and $412,000. In the current PLACIDENA market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. At 0.12 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in PLACIDENA, listed between $360,000 and $427,500. The trend in 78745 shows prices have fallen 5.2% in the past 6 months. 908 Redd ST, Austin TX 78745 nearby adjusts to $412,666; a strong comparable. 7 comparable transactions in PLACIDENA 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