505 Hummingbird LN, Austin TX 78734

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $642,211. To generate strong buyer interest while maximizing value, I'd price this between $497,000 and $507,000. In the current CARDINAL HILLS market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. At 0.41 acres, the lot is larger than the 0.30 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in CARDINAL HILLS; a buyer's market based on recent absorption. The trend in CARDINAL HILLS shows prices have risen 37.5% in the past 6 months. 15105 Falcon DR, Austin TX 78734 nearby adjusts to $602,845; a strong comparable. 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