8516 Shenandoah DR, Austin TX 78753

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $336,765. To generate strong buyer interest while maximizing value, I'd price this between $264,000 and $274,000. Against 6 similar active listings in HERITAGE HILLS, this price point lands at the 2nd least expensive of 6 comparable homes on the market. This home's smaller footprint (178 sqft vs the comp average) plays a role in how the market prices it. At 0.18 acres, the lot is smaller than the 0.21 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in HERITAGE HILLS; a buyer's market based on recent absorption. The trend in HERITAGE HILLS shows prices have fallen 1.6% in the past 6 months. 906 Hermitage DR, Austin TX 78753 nearby adjusts to $313,536; a strong comparable. The 6 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