5820 Berkman DR # 120, Austin TX 78723

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $350,276. To generate strong buyer interest while maximizing value, I'd price this between $172,000 and $182,000. In the current VERANDAS market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The 511 sqft size difference versus comparable sales is reflected in the adjusted values. The 1968 construction puts this home 5 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in VERANDAS (a buyer's market), competition is a factor to consider. The trend in 78723 shows prices have risen 0.7% in the past 6 months. 5820 Berkman DR # 119, Austin TX 78723 nearby adjusts to $190,018; 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