6709 Bancroft Woods DR, Austin TX 78729

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $526,847. I'd recommend coming to market at $460,000 to $470,000 to strike the right balance between value and market velocity. Against 5 similar active listings in BANCROFT WOODS, this price point lands at the 2nd most expensive of 5 comparable homes on the market. Being 155 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1996, this home is 7 years newer than the average comp, which is reflected in the adjustments. Right now, 5 similar properties are competing for buyers in BANCROFT WOODS, listed between $495,000 and $715,000. The trend in 78729 shows prices have risen 0% in the past 6 months. 13265 Kerrville Folkway DR, Austin TX 78729 nearby adjusts to $524,369; a strong comparable. 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