5606 N Lamar BLVD # 225, Austin TX 78751

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $153,848. To generate strong buyer interest while maximizing value, I'd price this between $151,000 and $157,000. Against 7 similar active listings in WRIGHT BEATRICE, this price point lands at the most affordable of 7 comparable homes on the market. The 1972 construction puts this home 15 years newer than the comp average, a factor in the pricing. At 2.12 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in WRIGHT BEATRICE; a buyer's market based on recent absorption. The trend in 78751 shows prices have risen 1.3% in the past 6 months. 5707 William Holland Ave # A, Austin TX 78756 nearby adjusts to $600,418; a strong comparable. The 7 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