8401 DELAVAN Ave, Austin TX 78717

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $570,071. I'd recommend coming to market at $640,000 to $657,000 to strike the right balance between value and market velocity. 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 78717. The 0.00 acre lot (smaller than the 0.23 acre average) is reflected in the estimate. 7 similar homes are currently available in 78717, creating a buyer's market for this price range. The trend in 78717 shows prices have fallen 4.5% in the past 6 months. 16111 Rustic LN, Austin TX 78717 nearby adjusts to $602,656; 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