5613 STEVEN CREEK WAY, Austin TX 78721

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $457,685. I'd recommend coming to market at $245,000 to $255,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in JOSEPH EDWARD, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The smaller floor plan (428 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2006, this home is 10 years newer than the average comp, which is reflected in the adjustments. The active market in JOSEPH EDWARD includes 7 comparable homes priced from $214,990 to $495,000. The trend in JOSEPH EDWARD shows prices have fallen 2% in the past 6 months. 5615 Steven Creek WAY, Austin TX 78721 nearby adjusts to $448,400; a strong comparable. With 7 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