712 Cardinal LN # B, Austin TX 78704

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $544,200. I'd recommend coming to market at $564,000 to $662,000 to strike the right balance between value and market velocity. In the current MOORE-TATE CARDINAL LANE market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (201 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.12 acre lot (larger than the 0.09 acre average) is reflected in the estimate. With 3 similar homes currently listed in MOORE-TATE CARDINAL LANE (a buyer's market), competition is a factor to consider. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 3114 S Congress Ave # 310, Austin TX 78704 nearby adjusts to $414,482; with a smaller floor plan. Based on 6 relevant data points in MOORE-TATE CARDINAL LANE, 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