5600 Westminster DR, Austin TX 78723

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $503,246. To generate strong buyer interest while maximizing value, I'd price this between $488,000 and $518,000. In the current DELWOOD EAST market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. The smaller floor plan (238 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.18 acres, the lot is smaller than the 0.22 acre comp average, which factors into pricing. With 5 similar homes currently listed in DELWOOD EAST (a seller's market), competition is a factor to consider. The trend in DELWOOD EAST shows prices have fallen 7.4% in the past 6 months. 2009 Northridge DR, Austin TX 78723 nearby adjusts to $431,883; a strong comparable. 3 comparable transactions in DELWOOD 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