9707 Anderson Mill RD # 23, Austin TX 78750

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $390,615. I'd recommend coming to market at $408,000 to $409,000 to strike the right balance between value and market velocity. Against 6 similar active listings in ARBORETUM PARK RESIDENTIAL SUB CONDO, this price point lands at the 3rd least expensive of 6 comparable homes on the market. Built in 2009, this home is 9 years newer than the average comp, which is reflected in the adjustments. The 0.14 acre lot (smaller than the 0.20 acre average) is reflected in the estimate. Current inventory shows 6 comparable homes in ARBORETUM PARK RESIDENTIAL SUB CONDO; a balanced market based on recent absorption. The trend in 78750 shows prices have fallen 8.2% in the past 6 months. 11558 Spicewood PKWY # 7, Austin TX 78750 nearby adjusts to $404,820; a strong comparable. Based on 3 relevant data points in ARBORETUM PARK RESIDENTIAL SUB CONDO, 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