5118 Heflin LN # B, Austin TX 78721

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $520,415. To generate strong buyer interest while maximizing value, I'd price this between $261,000 and $271,000. Among the similar homes currently available in 78721, this price point stands out as competitive. The 2017 construction puts this home 21 years newer than the comp average, a factor in the pricing. At 0.24 acres, the lot is larger than the 0.09 acre comp average, which factors into pricing. 7 similar homes are currently available in 78721, creating a buyer's market for this price range. The trend in 78721 shows prices have fallen 5% in the past 6 months. 2014 E 9th ST # 2, Austin TX 78702 nearby adjusts to $594,941; a strong comparable. 7 comparable transactions in 78721 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group