5703 Manor RD, Austin TX 78723

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $608,534. To generate strong buyer interest while maximizing value, I'd price this between $404,000 and $414,000. With 7 comparable homes on the market in ELDRIDGE, this price positions the property as the most expensive of 7 comparable homes on the market. The 1946 construction puts this home 28 years older than the comp average, a factor in the pricing. At 1.14 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in ELDRIDGE, ranging from $399,000 to $615,000. The trend in 78723 shows prices have risen 1.5% in the past 6 months. 4814 Carsonhill DR, Austin TX 78723 nearby adjusts to $671,404; 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