5820 Berkman DR # 215, Austin TX 78723

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $416,198. To generate strong buyer interest while maximizing value, I'd price this between $161,000 and $171,000. With 7 comparable homes on the market in VERANDAS, this price positions the property as the most expensive of 7 comparable homes on the market. This home's smaller footprint (710 sqft vs the comp average) plays a role in how the market prices it. The 1968 construction puts this home 5 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in VERANDAS; a buyer's market based on recent absorption. The trend in 78723 shows prices have risen 2.2% in the past 6 months. 5820 Berkman DR # 119, Austin TX 78723 nearby adjusts to $190,020; a strong comparable. 7 comparable transactions in VERANDAS 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