7100 Covered Bridge DR, Austin TX 78736

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $648,419. To generate strong buyer interest while maximizing value, I'd price this between $557,000 and $567,000. Against 4 similar active listings in COVERED BRIDGE, this price point lands at the most expensive of 4 comparable homes on the market. This home's smaller footprint (326 sqft vs the comp average) plays a role in how the market prices it. At 0.28 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in COVERED BRIDGE, listed between $549,000 and $615,000. The trend in COVERED BRIDGE shows prices have fallen 10.5% in the past 6 months. 7324 Covered Bridge DR, Austin TX 78736 nearby adjusts to $698,813; with a larger floor plan. The 3 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