502 Riley RD, Austin TX 78746

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $2,860,867. I'd recommend coming to market at $3,850,000 to $4,064,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78746, this price point stands out as competitive. The smaller floor plan (408 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a standout feature, with 2 of 4 comparable homes not offering one. 3 similar homes are currently available in 78746, creating a buyer's market for this price range. The trend in 78746 shows prices have risen 2.2% in the past 6 months. 4901 Southcrest DR, Austin TX 78746 nearby adjusts to $3,352,725; with a larger floor plan. Based on 4 relevant data points in 78746, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX