6816 Bancroft Woods DR, Austin TX 78729

The market data from 7 similar recent sales in BANCROFT WOODS points to a value of approximately $477,072. To sell within a reasonable timeframe at fair market value, the $479,000 to $496,000 range is where I'd position this. Against 3 similar active listings in BANCROFT WOODS, this price point lands at the most expensive of 3 comparable homes on the market. The 1996 construction puts this home 10 years newer than the comp average, a factor in the pricing. At 0.21 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in BANCROFT WOODS, listed between $475,000 and $485,000. In 78729, home values have fallen approximately 1% over the past 6 months. One of the strongest data points is 7004 Bancroft Woods DR, Austin TX 78729, adjusting to $495,568; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group