5800 BACK CT, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $643,744. To generate strong buyer interest while maximizing value, I'd price this between $664,000 and $671,000. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in 78731. The 1980 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.21 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in 78731, ranging from $549,000 to $885,000. The trend in 78731 shows prices have fallen 15.3% in the past 6 months. 5622 Parade RDG, Austin TX 78731 nearby adjusts to $552,050; a strong comparable. 7 comparable transactions in 78731 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group