900 Hermitage DR, Austin TX 78753

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $418,513. I'd recommend coming to market at $442,000 to $447,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in HERITAGE HILLS, this price positions the property as the most expensive of 3 comparable homes on the market. At 331 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1964, this home is 12 years older than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in HERITAGE HILLS; a balanced market based on recent absorption. The trend in HERITAGE HILLS shows prices have risen 0% in the past 6 months. 8400 Shenandoah DR, Austin TX 78753 nearby adjusts to $420,754; 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