7708 San Felipe BLVD # 7, Austin TX 78729

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $457,750. I'd recommend coming to market at $314,000 to $324,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in SAN FELIPE TWNHMS. The smaller floor plan (137 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.00 acre lot (smaller than the 0.22 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in SAN FELIPE TWNHMS; a buyer's market based on recent absorption. The trend in 78729 shows prices have risen 2.2% in the past 6 months. 12405 Oro Valley TRL, Austin TX 78729 nearby adjusts to $474,379; with a smaller floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group