901 Shady LN, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $511,919. To generate strong buyer interest while maximizing value, I'd price this between $297,000 and $307,000. In the current TANNEHILL market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. This home's smaller footprint (193 sqft vs the comp average) plays a role in how the market prices it. The 1928 construction puts this home 37 years older than the comp average, a factor in the pricing. Buyers in TANNEHILL have 7 comparable options right now, with asking prices between $274,900 and $525,000. The trend in 78702 shows prices have fallen 0.7% in the past 6 months. 2609 Willow ST # 1, Austin TX 78702 nearby adjusts to $513,573; with a smaller floor plan. 7 comparable transactions in TANNEHILL support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group