902 Gardner RD # 12, Austin TX 78721

Based on 6 closed sales in TANNEHILL J, the data points to a value around $512,383 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $227,000 to $237,000. Buyers shopping in TANNEHILL J right now would see this as a well positioned option among 7 comparable homes. This home's smaller footprint (212 sqft vs the comp average) plays a role in how the market prices it. Being built in 2009 (49 years newer than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in TANNEHILL J; a buyer's market based on recent absorption. Market data shows 78721 prices fallen 13.3% over the last half year. The closest comparable sale, 903 E 15th ST, Austin TX 78702 at an adjusted $816,992, is a strong comparable. The strength of this estimate comes from 6 directly comparable sales in TANNEHILL J. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group