6308 Northgrove RD, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $2,078,644. To generate strong buyer interest while maximizing value, I'd price this between $1,322,000 and $1,332,000. Against 7 similar active listings in 78731, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 344 sqft size difference versus comparable sales is reflected in the adjusted values. The 1998 construction puts this home 11 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in 78731 (a buyer's market), competition is a factor to consider. The trend in 78731 shows prices have fallen 15.3% in the past 6 months. 4011 SIERRA DR, Austin TX 78731 nearby adjusts to $1,999,943; a strong comparable. 7 comparable transactions in 78731 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group