5322 King Henry DR, Austin TX 78724

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $435,514. To generate strong buyer interest while maximizing value, I'd price this between $492,000 and $493,000. Against 7 similar active listings in CAVALIER PARK, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 1984 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.15 acres, the lot is smaller than the 0.42 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in CAVALIER PARK, listed between $424,900 and $760,100. The trend in CAVALIER PARK shows prices have fallen 12.5% in the past 6 months. 5106 Regency DR, Austin TX 78724 nearby adjusts to $419,007; a strong comparable. The 7 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