907 Duncan LN # 201, Austin TX 78705

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $373,015. To generate strong buyer interest while maximizing value, I'd price this between $258,000 and $268,000. Against 7 similar active listings in 78705, this price point lands at the most expensive of 7 comparable homes on the market. The 2006 construction puts this home 28 years newer than the comp average, a factor in the pricing. At 0.23 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 78705; a buyer's market based on recent absorption. The trend in 78705 shows prices have fallen 12% in the past 6 months. 912 E 32nd St. ST E # 101, Austin TX 78705 nearby adjusts to $227,955; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group