5012 Dull Knife DR, Austin TX 78759

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $494,622. To generate strong buyer interest while maximizing value, I'd price this between $552,000 and $557,000. With 3 comparable homes on the market in MESA PARK, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (115 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.23 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in MESA PARK; a balanced market based on recent absorption. The trend in MESA PARK shows prices have risen 4.7% in the past 6 months. 11718 Running Fox TRL, Austin TX 78759 nearby adjusts to $426,097; with a larger floor plan. The 7 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