7919 Floracita LN # 27, Austin TX 78735

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $688,913. To generate strong buyer interest while maximizing value, I'd price this between $761,000 and $781,000. Against 7 similar active listings in CAYENA, this price point lands at the most affordable of 7 comparable homes on the market. The 2020 construction puts this home 8 years newer than the comp average, a factor in the pricing. At 0.10 acres, the lot is smaller than the 0.42 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in CAYENA; a buyer's market based on recent absorption. The trend in 78735 shows prices have fallen 11.8% in the past 6 months. 5820 Harper Park DR # 46, Austin TX 78735 nearby adjusts to $661,875; a strong comparable. 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