5514 Tipton DR, Austin TX 78723

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $640,229. To generate strong buyer interest while maximizing value, I'd price this between $644,000 and $670,000. With 3 comparable homes on the market in PRESWYCK HILLS, this price positions the property as the most expensive of 3 comparable homes on the market. The 341 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.27 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. With 3 similar homes currently listed in PRESWYCK HILLS (a buyer's market), competition is a factor to consider. The trend in 78723 shows prices have fallen 0.3% in the past 6 months. 5307 Halmark DR, Austin TX 78723 nearby adjusts to $587,796; with a smaller floor plan. The 3 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