Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,220,254. To generate strong buyer interest while maximizing value, I'd price this between $825,000 and $835,000. Against 4 similar active listings in 78731, this price point lands at the most expensive of 4 comparable homes on the market. Right now, 4 similar properties are competing for buyers in 78731, listed between $850,000 and $1,285,000. The trend in 78731 shows prices have fallen 15.8% in the past 6 months. 4214 Deepwoods DR, Austin TX 78731 nearby adjusts to $2,016,120; with a larger 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