5509 Exeter DR, Austin TX 78723

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $894,727. To generate strong buyer interest while maximizing value, I'd price this between $777,000 and $787,000. In the current 78723 market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. This home's larger footprint (362 sqft vs the comp average) plays a role in how the market prices it. The 1960 construction puts this home 5 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in 78723, ranging from $695,000 to $1,080,000. The trend in 78723 shows prices have fallen 1.2% in the past 6 months. 5704 Coventry LN, Austin TX 78723 nearby adjusts to $689,655; with a smaller floor plan. The 4 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