7816 Paces Mill LN, Austin TX 78744

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $304,094. I'd recommend coming to market at $331,000 to $349,000 to strike the right balance between value and market velocity. In the current YARRABEE BEND SOUTH market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Built in 1982, this home is 13 years older than the average comp, which is reflected in the adjustments. The 0.37 acre lot (larger than the 0.15 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in YARRABEE BEND SOUTH; a buyer's market based on recent absorption. The trend in 78744 shows prices have risen 2.9% in the past 6 months. 6416 Orange Blossom WAY, Austin TX 78744 nearby adjusts to $296,315; a strong comparable. Based on 7 relevant data points in YARRABEE BEND SOUTH, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX