8704 Samuel Bishop, Austin TX 78736

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $799,765. I'd recommend coming to market at $906,000 to $927,000 to strike the right balance between value and market velocity. Among the similar homes currently available in COVERED BRIDGE, this price point stands out as competitive. Being 530 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.17 acre lot (smaller than the 0.20 acre average) is reflected in the estimate. With 5 similar homes currently listed in COVERED BRIDGE (a seller's market), competition is a factor to consider. The trend in COVERED BRIDGE shows prices have fallen 10.5% in the past 6 months. 7617 Roaring Springs DR, Austin TX 78736 nearby adjusts to $786,468; a strong comparable. With 5 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