7205 N Ute TRL, Austin TX 78729

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $391,542. To generate strong buyer interest while maximizing value, I'd price this between $454,000 and $457,000. Against 7 similar active listings in 78729, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 1977 construction puts this home 8 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. The active market in 78729 includes 7 comparable homes priced from $390,000 to $480,000. The trend in 78729 shows prices have risen 1% in the past 6 months. 6807 Luckenbach LN, Austin TX 78729 nearby adjusts to $440,956; 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