5300 Woodmoor DR, Austin TX 78721

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $377,602. To generate strong buyer interest while maximizing value, I'd price this between $583,000 and $615,000. Against 7 similar active listings in STONE GATE, this price point lands at the most affordable of 7 comparable homes on the market. At 108 sqft larger than the typical comp, the size difference factors into the valuation. At 0.30 acres, the lot is larger than the 0.26 acre comp average, which factors into pricing. With 7 similar homes currently listed in STONE GATE (a balanced market), competition is a factor to consider. The trend in STONE GATE shows prices have risen 5.3% in the past 6 months. 4307 Leslie Ave, Austin TX 78721 nearby adjusts to $245,724; with a larger floor plan. The 3 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