5603 Cedro TRL, Austin TX 78731

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,187,415. I'd recommend coming to market at $975,000 to $985,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in PARKHILL, this price positions the property as the most expensive of 4 comparable homes on the market. The pool is a standout feature, with 3 of 5 comparable homes not offering one. Built in 1984, this home is 8 years newer than the average comp, which is reflected in the adjustments. 4 similar homes are currently available in PARKHILL, creating a buyer's market for this price range. The trend in 78731 shows prices have fallen 15.3% in the past 6 months. 4456 Stony Meadow LN, Austin TX 78731 nearby adjusts to $1,226,804; with a larger floor plan and no pool. With 5 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