6701 N Park DR, Austin TX 78757

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $973,794. I'd recommend coming to market at $747,000 to $757,000 to strike the right balance between value and market velocity. Against 5 similar active listings in EDGEWOOD, this price point lands at the 2nd most expensive of 5 comparable homes on the market. This home's smaller footprint (307 sqft vs the comp average) plays a role in how the market prices it. Built in 1958, this home is 18 years older than the average comp, which is reflected in the adjustments. There are currently 5 similar homes on the market in EDGEWOOD, ranging from $649,900 to $1,100,000. The trend in EDGEWOOD shows prices have fallen 20.7% in the past 6 months. 6700 Vine ST, Austin TX 78757 nearby adjusts to $872,695; with a smaller floor plan. With 5 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