6003 Shanghai Pierce, Austin TX 78749

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $549,262. I'd recommend coming to market at $677,000 to $678,000 to strike the right balance between value and market velocity. In the current LEGEND OAKS market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. At 243 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.24 acre lot (larger than the 0.18 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in LEGEND OAKS, listed between $499,000 and $899,000. The trend in LEGEND OAKS shows prices have fallen 2.5% in the past 6 months. 6106 Open Range TRL, Austin TX 78749 nearby adjusts to $678,165; with a smaller floor plan. With 6 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group