7920 Tee DR, Austin TX 78747

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $238,009. I'd recommend coming to market at $303,000 to $336,000 to strike the right balance between value and market velocity. With 5 comparable homes on the market in THAXTON PLACE, this price positions the property as the most affordable of 5 comparable homes on the market. Being 161 sqft smaller than the average comparable sale in this area impacts the per square foot value. Current inventory shows 5 comparable homes in THAXTON PLACE; a buyer's market based on recent absorption. The trend in 78747 shows prices have fallen 11.7% in the past 6 months. 10220 Deer Chase TRL, Austin TX 78747 nearby adjusts to $275,171; with a larger floor plan. Based on 4 relevant data points in THAXTON PLACE, 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