603 Elderberry CV, Austin TX 78745

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $499,935. I'd recommend coming to market at $517,000 to $527,000 to strike the right balance between value and market velocity. In the current BEACONRIDGE -B market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. This home's larger footprint (142 sqft vs the comp average) plays a role in how the market prices it. The active market in BEACONRIDGE -B includes 7 comparable homes priced from $399,990 to $599,990. The trend in 78745 shows prices have fallen 5.2% in the past 6 months. 601 Blackberry DR, Austin TX 78745 nearby adjusts to $537,747; with a smaller floor plan. 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