6705 Covered Bridge DR # 28, Austin TX 78736

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $502,401. I'd recommend coming to market at $436,000 to $446,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in 78736, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. The 107 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.21 acre lot (larger than the 0.18 acre average) is reflected in the estimate. Right now, 4 similar properties are competing for buyers in 78736, listed between $375,000 and $775,000. The trend in 78736 shows prices have fallen 18.3% in the past 6 months. 6701 Covered Bridge DR # 40, Austin TX 78736 nearby adjusts to $387,088; a strong comparable. Based on 3 relevant data points in 78736, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX