5221 Langwood DR, Austin TX 78754

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $287,150. I'd recommend coming to market at $240,000 to $250,000 to strike the right balance between value and market velocity. Against 7 similar active listings in CHIMNEY HILL, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 0.07 acre lot (smaller than the 0.13 acre average) is reflected in the estimate. The active market in CHIMNEY HILL includes 7 comparable homes priced from $225,000 to $406,000. The trend in 78754 shows prices have fallen 5.2% in the past 6 months. 5227 Langwood DR, Austin TX 78754 nearby adjusts to $296,278; 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