502 Clover CT, Austin TX 78745

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $662,838. I'd recommend coming to market at $698,000 to $699,000 to strike the right balance between value and market velocity. Among the similar homes currently available in ALAMO HEIGHTS, this price point stands out as competitive. The larger floor plan (139 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2008, this home is 23 years newer than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in ALAMO HEIGHTS (a buyer's market), competition is a factor to consider. The trend in 78745 shows prices have fallen 5.2% in the past 6 months. 5202 Hedgewood DR, Austin TX 78745 nearby adjusts to $618,158; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group