8201 Riverstone DR, Austin TX 78724

This home was listed at $550,000 and was on the market for 119 days before expiring. Based on comparable sales, the market data suggests a value closer to $517,081. Here are some factors that may have played a role: After 119 days on market, buyer interest typically drops, and listings can become "stale" in buyer perception. Built in 1984, this home may have faced competition from newer construction in the area priced similarly. The 1,551 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.21 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. 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