605 Peacock # D, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,087,977. To generate strong buyer interest while maximizing value, I'd price this between $1,210,000 and $1,222,000. With 4 comparable homes on the market in 78704, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. At 178 sqft smaller than the typical comp, the size difference factors into the valuation. The 2008 construction puts this home 7 years older than the comp average, a factor in the pricing. Right now, 4 similar properties are competing for buyers in 78704, listed between $1,060,000 and $1,795,000. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 607 Terrell Hill DR # B, Austin TX 78704 nearby adjusts to $1,104,850; a strong comparable. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group