901 Shady LN, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $411,550. To generate strong buyer interest while maximizing value, I'd price this between $312,000 and $322,000. In the current TANNEHILL market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The 1928 construction puts this home 52 years older than the comp average, a factor in the pricing. At 0.59 acres, the lot is larger than the 0.13 acre comp average, which factors into pricing. Buyers in TANNEHILL have 7 comparable options right now, with asking prices between $295,000 and $499,999. The trend in 78702 shows prices have fallen 4.7% in the past 6 months. 642 Tillery ST, Austin TX 78702 nearby adjusts to $605,867; a strong comparable. 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