806 HERNDON LN, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $617,427. To generate strong buyer interest while maximizing value, I'd price this between $747,000 and $782,000. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in LA PERLA. At 0.00 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. With 7 similar homes currently listed in LA PERLA (a balanced market), competition is a factor to consider. The trend in LA PERLA shows prices have fallen 15.9% in the past 6 months. 2609 S 4th ST, Austin TX 78704 nearby adjusts to $580,336; with a larger floor plan. 4 comparable transactions in LA PERLA support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group