909 Reinli ST # 214, Austin TX 78751

Based on 7 closed sales in VERANDAS UPTOWN, the data points to a value around $292,237 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $226,000 to $236,000. This pricing would rank the home as the 3rd most expensive of 5 comparable homes on the market in VERANDAS UPTOWN's current inventory. Being built in 1975 (10 years newer than comps) is factored into the value estimate. Lot size matters here: 0.03 acres versus 0.08 for the typical comp. 5 similar homes are currently available in VERANDAS UPTOWN, creating a buyer's market for this price range. Market data shows 78751 prices risen 0.5% over the last half year. The closest comparable sale, 909 Reinli ST # 217, Austin TX 78751 at an adjusted $179,381, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in VERANDAS UPTOWN. 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