508 Powell CIR, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $927,670. To generate strong buyer interest while maximizing value, I'd price this between $661,000 and $671,000. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in SOUTH PARK. The 210 sqft size difference versus comparable sales is reflected in the adjusted values. The 2006 construction puts this home 6 years older than the comp average, a factor in the pricing. The active market in SOUTH PARK includes 4 comparable homes priced from $689,000 to $1,795,000. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 2707 La Mesa DR, Austin TX 78704 nearby adjusts to $1,096,888; with a larger floor plan. The 3 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