512 River Oaks DR, Austin TX 78748

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $551,446. To generate strong buyer interest while maximizing value, I'd price this between $587,000 and $595,000. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in 78748. The larger floor plan (136 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1987 construction puts this home 12 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in 78748, listed between $500,000 and $650,000. The trend in 78748 shows prices have fallen 4.7% in the past 6 months. 303 Twin Creek RD, Manchaca TX 78652 nearby adjusts to $636,615; 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