8302 Franwood LN, Austin TX 78757

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $780,164. I'd recommend coming to market at $863,000 to $894,000 to strike the right balance between value and market velocity. In the current NORTHTOWNE market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The larger floor plan (169 sqft compared to the average comp) is a meaningful differentiator in this price range. The active market in NORTHTOWNE includes 7 comparable homes priced from $699,000 to $1,195,000. The trend in NORTHTOWNE shows prices have fallen 6.2% in the past 6 months. 8516 Rockwood LN, Austin TX 78757 nearby adjusts to $543,843; with a larger floor plan. With 5 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