5202 Village PATH, Austin TX 78744

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $311,229. I'd recommend coming to market at $256,000 to $266,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in VILLAGE SOUTH, this price positions the property as the most expensive of 4 comparable homes on the market. The 0.23 acre lot (larger than the 0.20 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in VILLAGE SOUTH; a buyer's market based on recent absorption. The trend in 78744 shows prices have risen 2.6% in the past 6 months. 4504 Southwest DR, Austin TX 78744 nearby adjusts to $345,222; a strong comparable. Based on 5 relevant data points in VILLAGE SOUTH, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX