8506 Millway DR, Austin TX 78757

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $590,277. To generate strong buyer interest while maximizing value, I'd price this between $662,000 and $683,000. Against 5 similar active listings in ALLANDALE ESTATES, this price point lands at the 2nd least expensive of 5 comparable homes on the market. At 0.23 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. With 5 similar homes currently listed in ALLANDALE ESTATES (a buyer's market), competition is a factor to consider. The trend in 78757 shows prices have risen 14% in the past 6 months. 8309 MILLWAY DR, Austin TX 78757 nearby adjusts to $499,862; a strong comparable. 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