5802 Back CT, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $797,452. To generate strong buyer interest while maximizing value, I'd price this between $468,000 and $478,000. Among the similar homes currently available in COURTYARD, this price point stands out as competitive. The 663 sqft size difference versus comparable sales is reflected in the adjusted values. The 1980 construction puts this home 7 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in COURTYARD; a balanced market based on recent absorption. The trend in COURTYARD shows prices have risen 62% in the past 6 months. 5622 Parade RDG, Austin TX 78731 nearby adjusts to $595,613; 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