505 Lake Cliff TRL, Austin TX 78746

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $2,561,906. To generate strong buyer interest while maximizing value, I'd price this between $3,074,000 and $3,108,000. In the current STRATFORD HILLS market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. At 197 sqft larger than the typical comp, the size difference factors into the valuation. At 1.03 acres, the lot is larger than the 0.89 acre comp average, which factors into pricing. With 3 similar homes currently listed in STRATFORD HILLS (a buyer's market), competition is a factor to consider. The trend in 78746 shows prices have risen 3.2% in the past 6 months. 3226 Stratford Hills LN, Austin TX 78746 nearby adjusts to $3,155,100; with a larger floor plan and a pool. 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