5820 Berkman DR # 113, Austin TX 78723

Based on 3 closed sales in BRAES RIDGE, the data points to a value around $270,618 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $279,000 to $295,000. Buyers shopping in BRAES RIDGE right now would see this as a well positioned option among 3 comparable homes. The smaller floor plan (160 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1968 (10 years newer than comps) is factored into the value estimate. Right now, 3 similar properties are competing for buyers in BRAES RIDGE, listed between $230,000 and $345,000. Market data shows 78723 prices fallen 1.2% over the last half year. The closest comparable sale, 6405 Hickman Ave, Austin TX 78723 at an adjusted $250,121, is with a larger floor plan. The strength of this estimate comes from 3 directly comparable sales in BRAES RIDGE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group