6713 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 $555,746. I'd recommend coming to market at $486,000 to $496,000 to strike the right balance between value and market velocity. In the current BANCROFT WOODS market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. At 308 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1996, this home is 9 years newer than the average comp, which is reflected in the adjustments. Right now, 4 similar properties are competing for buyers in BANCROFT WOODS, listed between $509,990 and $625,000. The trend in 78729 shows prices have risen 2.9% in the past 6 months. 7405 Potters TRL, Austin TX 78729 nearby adjusts to $598,724; a strong comparable. With 7 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