902 Gardner RD # 24, Austin TX 78721

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $502,195. I'd recommend coming to market at $324,000 to $334,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in TANNEHILL J, this price positions the property as the 0th most expensive of 7 comparable homes on the market. Built in 2009, this home is 46 years newer than the average comp, which is reflected in the adjustments. The 2.01 acre lot (larger than the 0.06 acre average) is reflected in the estimate. With 7 similar homes currently listed in TANNEHILL J (a buyer's market), competition is a factor to consider. The trend in 78721 shows prices have fallen 14.1% in the past 6 months. 910 Duncan LN # 28, Austin TX 78705 nearby adjusts to $268,493; a strong comparable. Based on 7 relevant data points in TANNEHILL J, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX