5408 Pendleton LN, Austin TX 78723

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $627,810. To generate strong buyer interest while maximizing value, I'd price this between $455,000 and $465,000. Among the similar homes currently available in PRESWYCK HILLS, this price point stands out as competitive. The 237 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.24 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in PRESWYCK HILLS; a buyer's market based on recent absorption. The trend in 78723 shows prices have fallen 1.2% in the past 6 months. 4814 Carsonhill DR, Austin TX 78723 nearby adjusts to $676,142; with a smaller floor plan. 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