8700 Birmingham DR, Austin TX 78748

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $367,717. I'd recommend coming to market at $393,000 to $400,000 to strike the right balance between value and market velocity. In the current BUCKINGHAM ESTATES market with 6 similar homes available, this price represents the 3rd least expensive of 6 comparable homes on the market. At 121 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 6 comparable homes in BUCKINGHAM ESTATES; a buyer's market based on recent absorption. The trend in BUCKINGHAM ESTATES shows prices have fallen 5.4% in the past 6 months. 8615 Croydon LOOP, Austin TX 78748 nearby adjusts to $354,555; with a smaller floor plan. 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