5611 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 $1,272,849. I'd recommend coming to market at $1,317,000 to $1,329,000 to strike the right balance between value and market velocity. With 5 comparable homes on the market in CLIFF OVER LAKE AUSTIN, this price positions the property as the 2nd least expensive of 5 comparable homes on the market. The 0.49 acre lot (larger than the 0.36 acre average) is reflected in the estimate. Buyers in CLIFF OVER LAKE AUSTIN have 5 comparable options right now, with asking prices between $1,150,000 and $2,070,000. The trend in 78731 shows prices have fallen 15.3% in the past 6 months. 6213 Ledge Mountain DR, Austin TX 78731 nearby adjusts to $1,119,842; a strong comparable. Based on 6 relevant data points in CLIFF OVER LAKE AUSTIN, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX