Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $342,035. I'd recommend coming to market at $284,000 to $294,000 to strike the right balance between value and market velocity. Against 3 similar active listings in COURTYARD HOMES COBBLESTONE CONDO, this price point lands at the most expensive of 3 comparable homes on the market. The 0.00 acre lot (smaller than the 0.18 acre average) is reflected in the estimate. Buyers in COURTYARD HOMES COBBLESTONE CONDO have 3 comparable options right now, with asking prices between $295,000 and $345,000. The trend in 78729 shows prices have risen 2.9% in the past 6 months. 8310 Alvin High LN, Austin TX 78729 nearby adjusts to $355,600; a strong comparable. Based on 7 relevant data points in COURTYARD HOMES COBBLESTONE CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX
