5820 Berkman DR # 207, Austin TX 78723

Based on 7 closed sales in VERANDAS, the data points to a value around $245,913 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $179,000 to $189,000. This would position the home competitively among 7 active listings in VERANDAS. At 448 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1968 (6 years newer than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in VERANDAS, listed between $180,000 and $360,000. Market data shows 78723 prices fallen 1.2% over the last half year. The closest comparable sale, 5820 Berkman DR # 215, Austin TX 78723 at an adjusted $222,100, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in VERANDAS. 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