5113 Single Shot, Austin TX 78723

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $341,048. I'd recommend coming to market at $418,000 to $427,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in FORT VIEW HILLS, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The smaller floor plan (389 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1998, this home is 8 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in FORT VIEW HILLS, creating a buyer's market for this price range. The trend in 78723 shows prices have fallen 1% in the past 6 months. 5321 Tower TRL, Austin TX 78723 nearby adjusts to $324,540; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group