6005 Eureka DR, Austin TX 78745

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $381,510. I'd recommend coming to market at $284,000 to $294,000 to strike the right balance between value and market velocity. With 5 comparable homes on the market in OASIS, this price positions the property as the 2nd least expensive of 5 comparable homes on the market. Built in 1963, this home is 7 years older than the average comp, which is reflected in the adjustments. The 0.21 acre lot (larger than the 0.18 acre average) is reflected in the estimate. The active market in OASIS includes 5 comparable homes priced from $285,000 to $499,000. The trend in 78745 shows prices have fallen 5.2% in the past 6 months. 511 Ramble LN, Austin TX 78745 nearby adjusts to $506,197; a strong comparable. With 7 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