5605 Creek Bottom # B, Austin TX 78731

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $777,601. I'd recommend coming to market at $554,000 to $564,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in 78731. Built in 2003, this home is 5 years newer than the average comp, which is reflected in the adjustments. The 0.29 acre lot (larger than the 0.26 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in 78731, ranging from $595,000 to $1,595,000. The trend in 78731 shows prices have fallen 15.3% in the past 6 months. 5507 Oakwood CV # 2, Austin TX 78731 nearby adjusts to $657,452; with a larger floor plan. With 3 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