9401 Castlewood DR, Austin TX 78748

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $789,475. To generate strong buyer interest while maximizing value, I'd price this between $685,000 and $695,000. With 3 comparable homes on the market in CASTLEWOOD FOREST ANNEX, this price positions the property as the most expensive of 3 comparable homes on the market. This home's larger footprint (628 sqft vs the comp average) plays a role in how the market prices it. At 0.43 acres, the lot is larger than the 0.33 acre comp average, which factors into pricing. With 3 similar homes currently listed in CASTLEWOOD FOREST ANNEX (a balanced market), competition is a factor to consider. The trend in 78748 shows prices have fallen 3.5% in the past 6 months. 8804 Collingwood DR, Austin TX 78748 nearby adjusts to $766,010; with a smaller floor plan. 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