7202 Marcell ST, Austin TX 78752

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $298,427. To generate strong buyer interest while maximizing value, I'd price this between $241,000 and $251,000. With 3 comparable homes on the market in HIGHLAND/WALLACE J, this price positions the property as the most expensive of 3 comparable homes on the market. The smaller floor plan (395 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.12 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. 3 similar homes are currently available in HIGHLAND/WALLACE J, creating a buyer's market for this price range. The trend in 78752 shows prices have fallen 14.1% in the past 6 months. 300 E Croslin ST # 111, Austin TX 78752 nearby adjusts to $272,128; a strong comparable. 7 comparable transactions in HIGHLAND/WALLACE J support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group