7224 Bay City BND, Austin TX 78725

Taking into account 5 nearby comparable sales, this property's estimated value comes to $531,455. If we were to list this property today, I'd recommend a list price in the $542,000 to $551,000 range. This would position the home competitively among 7 active listings in KNOLLWOOD. This home's smaller footprint (111 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.32 acres versus 0.20 for the typical comp. Current inventory shows 7 comparable homes in KNOLLWOOD; a buyer's market based on recent absorption. The 6 month price trend in 78725: fallen 9.6%. The best comp here is 2708 Kingsland WAY, Austin TX 78725 at an adjusted value of $550,769, a strong comparable. The strength of this estimate comes from 5 directly comparable sales in KNOLLWOOD. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group