8901 Slayton DR, Austin TX 78753

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $278,530. I'd recommend coming to market at $189,000 to $199,000 to strike the right balance between value and market velocity. In the current NORTH LAMAR PARK market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. This home's smaller footprint (191 sqft vs the comp average) plays a role in how the market prices it. Built in 1964, this home is 5 years older than the average comp, which is reflected in the adjustments. The active market in NORTH LAMAR PARK includes 3 comparable homes priced from $199,000 to $320,000. The trend in 78753 shows prices have fallen 1.1% in the past 6 months. 502 Oakley CT, Austin TX 78753 nearby adjusts to $261,353; a strong comparable. 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