512 Eberhart LN # 701, Austin TX 78745

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $284,774. I'd recommend coming to market at $165,000 to $175,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in SWEETBRIAR GARDEN HOMES CONDOM, this price positions the property as the most expensive of 3 comparable homes on the market. The smaller floor plan (319 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.07 acre lot (smaller than the 0.15 acre average) is reflected in the estimate. With 3 similar homes currently listed in SWEETBRIAR GARDEN HOMES CONDOM (a buyer's market), competition is a factor to consider. The trend in 78745 shows prices have fallen 5.2% in the past 6 months. 512 Eberhart LN # 603, Austin TX 78745 nearby adjusts to $216,772; with a larger floor plan. 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