5820 Berkman DR # 118, Austin TX 78723

The market data from 7 similar recent sales in VERANDAS points to a value of approximately $256,915. To sell within a reasonable timeframe at fair market value, the $179,000 to $189,000 range is where I'd position this. Among the similar homes currently available in VERANDAS, this price point stands out as competitive. This home's smaller footprint (400 sqft vs the comp average) plays a role in how the market prices it. The 1968 construction puts this home 6 years newer than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in VERANDAS, listed between $180,000 and $287,000. In 78723, home values have fallen approximately 9.2% over the past 6 months. One of the strongest data points is 5820 Berkman DR # 215, Austin TX 78723, adjusting to $222,100; 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