7913 Luling LN, Austin TX 78729

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $587,621. I'd recommend coming to market at $480,000 to $490,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78729, this price point stands out as competitive. This home's larger footprint (150 sqft vs the comp average) plays a role in how the market prices it. Built in 1996, this home is 11 years newer than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in 78729, listed between $424,900 and $625,000. The trend in 78729 shows prices have risen 2.2% in the past 6 months. 13022 Partridge Bend DR, Austin TX 78729 nearby adjusts to $514,520; a strong comparable. Based on 7 relevant data points in 78729, 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