5506 Manor RD, Austin TX 78723

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $589,879. I'd recommend coming to market at $388,000 to $398,000 to strike the right balance between value and market velocity. Among the similar homes currently available in FAIREY OAKS, this price point stands out as competitive. The 0.26 acre lot (larger than the 0.23 acre average) is reflected in the estimate. There are currently 6 similar homes on the market in FAIREY OAKS, ranging from $390,000 to $625,000. The trend in 78723 shows prices have fallen 10.8% in the past 6 months. 2502 LANSBURY DR, Austin TX 78723 nearby adjusts to $540,417; a strong comparable. With 7 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