5405 Village Way CT, Austin TX 78745

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $761,049. To generate strong buyer interest while maximizing value, I'd price this between $666,000 and $676,000. In the current FAIRMONT PARK market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. At 134 sqft larger than the typical comp, the size difference factors into the valuation. At 0.30 acres, the lot is larger than the 0.27 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in FAIRMONT PARK, ranging from $715,000 to $849,950. The trend in FAIRMONT PARK shows prices have fallen 4.2% in the past 6 months. 5202 Buffalo PASS, Austin TX 78745 nearby adjusts to $905,414; a strong comparable. 7 comparable transactions in FAIRMONT PARK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group