5351 Magdelena DR, Austin TX 78735

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,120,378. To generate strong buyer interest while maximizing value, I'd price this between $700,000 and $710,000. With 7 comparable homes on the market in 78735, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The pool is a differentiator here, since 3 of 4 comparable sales didn't include one. 7 similar homes are currently available in 78735, creating a buyer's market for this price range. The trend in 78735 shows prices have fallen 5.3% in the past 6 months. 4601 Foster Ranch RD, Austin TX 78735 nearby adjusts to $1,144,385; with a larger floor plan and no pool. The 4 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