5604 Palisade CT, Austin TX 78731

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,509,744. I'd recommend coming to market at $1,582,000 to $1,881,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd most expensive of 5 comparable homes on the market comparable homes currently on the market in 78731. The 126 sqft size difference versus comparable sales is reflected in the adjusted values. Buyers in 78731 have 5 comparable options right now, with asking prices between $1,390,000 and $2,750,000. The trend in 78731 shows prices have fallen 15.3% in the past 6 months. 5003 Lucas LN, Austin TX 78731 nearby adjusts to $1,560,160; a strong comparable. With 6 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