820 BANISTER LN, Austin TX 78704

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $320,526. I'd recommend coming to market at $257,000 to $267,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in EIGHT HUNDRED BANISTER PLACE, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. Built in 1980, this home is 7 years newer than the average comp, which is reflected in the adjustments. The 0.05 acre lot (smaller than the 0.13 acre average) is reflected in the estimate. The active market in EIGHT HUNDRED BANISTER PLACE includes 7 comparable homes priced from $290,000 to $685,000. The trend in 78704 shows prices have fallen 4.9% in the past 6 months. 818 Banister LN, Austin TX 78704 nearby adjusts to $135,067; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group