5420 Falling Leaf LN, Austin TX 78744

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $262,186. I'd recommend coming to market at $284,000 to $338,000 to strike the right balance between value and market velocity. In the current ARBOR RIDGE market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. This home's smaller footprint (191 sqft vs the comp average) plays a role in how the market prices it. The 0.00 acre lot (smaller than the 0.11 acre average) is reflected in the estimate. Right now, 3 similar properties are competing for buyers in ARBOR RIDGE, listed between $214,434 and $340,000. The trend in 78744 shows prices have risen 3.4% in the past 6 months. 5917 Red Bud Ridge LN # 20, Austin TX 78744 nearby adjusts to $283,912; with a larger floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group