5413 Mulberry Grove LN, Austin TX 78723

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $508,990. To generate strong buyer interest while maximizing value, I'd price this between $424,000 and $434,000. With 7 comparable homes on the market in 51 EAST, this price positions the property as the most expensive of 7 comparable homes on the market. The 2023 construction puts this home 18 years newer than the comp average, a factor in the pricing. At 0.06 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. With 7 similar homes currently listed in 51 EAST (a balanced market), competition is a factor to consider. The trend in 51 EAST shows prices have fallen 0.2% in the past 6 months. 4701 Star Jasmine DR # 105, Austin TX 78723 nearby adjusts to $477,384; a strong comparable. 7 comparable transactions in 51 EAST 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