8701 Escarpment BLVD # 61, Austin TX 78749

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $518,298. To generate strong buyer interest while maximizing value, I'd price this between $400,000 and $410,000. With 7 comparable homes on the market in DAVIS PLACE TWNHMS, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. This home's smaller footprint (156 sqft vs the comp average) plays a role in how the market prices it. The 2006 construction puts this home 12 years newer than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in DAVIS PLACE TWNHMS, listed between $390,000 and $585,000. The trend in 78749 shows prices have fallen 3.4% in the past 6 months. 6121 Abilene TRL, Austin TX 78749 nearby adjusts to $518,580; 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