9470 E Highway 290, Austin TX 78724

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $371,918. I'd recommend coming to market at $396,000 to $399,000 to strike the right balance between value and market velocity. In the current 78724 market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. Built in 1950, this home is 58 years older than the average comp, which is reflected in the adjustments. The 4.14 acre lot (larger than the 0.19 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in 78724, ranging from $309,900 to $405,000. The trend in 78724 shows prices have risen 4.7% in the past 6 months. 11016 Amaranth LN, Austin TX 78754 nearby adjusts to $399,152; a strong comparable. Based on 7 relevant data points in 78724, 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