5832 Magnolia Mist LN, Austin TX 78744

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $237,795. I'd recommend coming to market at $186,000 to $196,000 to strike the right balance between value and market velocity. Among the similar homes currently available in ARBOR RIDGE, this price point stands out as competitive. The smaller floor plan (316 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.00 acre lot (smaller than the 0.11 acre average) is reflected in the estimate. With 3 similar homes currently listed in ARBOR RIDGE (a buyer's market), competition is a factor to consider. The trend in 78744 shows prices have risen 0% in the past 6 months. 5424 Juniper Junction LN, Austin TX 78744 nearby adjusts to $236,184; with a larger floor plan. Based on 4 relevant data points in ARBOR RIDGE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX