5236 Hutchinson DR, Austin TX 78723

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $396,619. I'd recommend coming to market at $278,000 to $288,000 to strike the right balance between value and market velocity. Against 3 similar active listings in SENATE HILLS, this price point lands at the most expensive of 3 comparable homes on the market. At 499 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2007, this home is 6 years newer than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in SENATE HILLS (a buyer's market), competition is a factor to consider. The trend in 78723 shows prices have risen 0% in the past 6 months. 5321 Krueger LN S, Austin TX 78723 nearby adjusts to $351,120; 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