5820 Berkman DR # 215, Austin TX 78723

Based on 7 closed sales in VERANDAS, the data points to a value around $274,965 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $191,000 to $201,000. This pricing would rank the home as the most expensive of 7 comparable homes on the market in VERANDAS's current inventory. The smaller floor plan (455 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1968 (8 years newer than comps) is factored into the value estimate. With 7 similar homes currently listed in VERANDAS (a buyer's market), competition is a factor to consider. Market data shows 78723 prices fallen 9.2% over the last half year. The closest comparable sale, 5820 Berkman DR # 205, Austin TX 78723 at an adjusted $217,565, is with a larger floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus