5625 Signal PT, Austin TX 78724

This home was listed at $285,000 and was on the market for 46 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $320,549. Here are some factors that may have played a role: The listing had a price reduction during its time on market, which can sometimes affect buyer perception. At the time, there appear to have been 1 similar homes available at lower price points, which may have given buyers other options. Built in 2003, this home may have faced competition from newer construction in the area priced similarly. Being 682 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.11 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. 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