5305 Deerwood LN, Austin TX 78730

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $905,201. To generate strong buyer interest while maximizing value, I'd price this between $887,000 and $923,000. Against 7 similar active listings in RIVER PLACE, this price point lands at the 3rd least expensive of 7 comparable homes on the market. Being 112 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.21 acres, the lot is smaller than the 0.24 acre comp average, which factors into pricing. The active market in RIVER PLACE includes 7 comparable homes priced from $789,000 to $2,199,990. The trend in RIVER PLACE shows prices have risen 4.4% in the past 6 months. 5217 China Garden DR, Austin TX 78730 nearby adjusts to $821,660; a strong comparable. The 5 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