507 W Applegate DR, Austin TX 78753

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $293,627. To generate strong buyer interest while maximizing value, I'd price this between $194,000 and $204,000. In the current MOCKINGBIRD HILL market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. This home's smaller footprint (295 sqft vs the comp average) plays a role in how the market prices it. At 0.20 acres, the lot is smaller than the 0.34 acre comp average, which factors into pricing. Buyers in MOCKINGBIRD HILL have 3 comparable options right now, with asking prices between $175,000 and $349,000. The trend in 78753 shows prices have fallen 0.2% in the past 6 months. 600 W Applegate DR, Austin TX 78753 nearby adjusts to $247,870; 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