5307 Summer CIR, Austin TX 78741

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $235,620. I'd recommend coming to market at $178,000 to $188,000 to strike the right balance between value and market velocity. With 5 comparable homes on the market in CROSSING GARDENHOMES II THE, this price positions the property as the most expensive of 5 comparable homes on the market. Built in 1984, this home is 10 years newer than the average comp, which is reflected in the adjustments. The 0.11 acre lot (smaller than the 0.14 acre average) is reflected in the estimate. Right now, 5 similar properties are competing for buyers in CROSSING GARDENHOMES II THE, listed between $179,900 and $260,000. The trend in 78741 shows prices have fallen 9.6% in the past 6 months. 2450 Wickersham LN # 1601, Austin TX 78741 nearby adjusts to $186,704; a strong comparable. Based on 4 relevant data points in CROSSING GARDENHOMES II THE, 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