Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $563,263. I'd recommend coming to market at $618,000 to $624,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in COMMONS ROWE LANE, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 0.16 acre lot (smaller than the 0.20 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in COMMONS ROWE LANE, ranging from $470,000 to $725,000. The trend in COMMONS ROWE LANE shows prices have risen 17.4% in the past 6 months. 21008 Windmill Ridge ST, Pflugerville TX 78660 nearby adjusts to $559,065; with a smaller floor plan. Based on 6 relevant data points in COMMONS ROWE LANE, 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