5820 Berkman DR # 112, Austin TX 78723

The market data from 7 similar recent sales in BRAES RIDGE points to a value of approximately $350,502. To sell within a reasonable timeframe at fair market value, the $188,000 to $198,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in BRAES RIDGE. Being 226 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1968 construction puts this home 6 years newer than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in BRAES RIDGE, ranging from $179,000 to $385,000. In 78723, home values have risen approximately 0.4% over the past 6 months. One of the strongest data points is 5820 Berkman DR # 205, Austin TX 78723, adjusting to $279,347; 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