5705 Bolm RD # A, Austin TX 78721

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $644,250. I'd recommend coming to market at $501,000 to $511,000 to strike the right balance between value and market velocity. In the current 78721 market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. Built in 2006, this home is 38 years newer than the average comp, which is reflected in the adjustments. The 0.12 acre lot (larger than the 0.09 acre average) is reflected in the estimate. The active market in 78721 includes 7 comparable homes priced from $474,905 to $760,100. The trend in 78721 shows prices have fallen 5% in the past 6 months. 1007 Gullett ST, Austin TX 78702 nearby adjusts to $650,671; a strong comparable. With 6 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