508 Normandy ST, Austin TX 78745

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $383,324. To generate strong buyer interest while maximizing value, I'd price this between $250,000 and $260,000. In the current PLACIDENA market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. At 118 sqft smaller than the typical comp, the size difference factors into the valuation. The 1952 construction puts this home 6 years newer than the comp average, a factor in the pricing. 7 similar homes are currently available in PLACIDENA, creating a buyer's market for this price range. The trend in 78745 shows prices have fallen 5.2% in the past 6 months. 908 Redd ST, Austin TX 78745 nearby adjusts to $421,878; 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