Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $334,210. I'd recommend coming to market at $239,000 to $249,000 to strike the right balance between value and market velocity. Among the similar homes currently available in CAMBRIDGE HEIGHTS, this price point stands out as competitive. Being 152 sqft larger than the average comparable sale in this area impacts the per square foot value. The active market in CAMBRIDGE HEIGHTS includes 4 comparable homes priced from $229,000 to $327,000. The trend in CAMBRIDGE HEIGHTS shows prices have fallen 11.8% in the past 6 months. 1704 Barilla Mountain TRL, Round Rock TX 78664 nearby adjusts to $323,186; a strong comparable. Based on 7 relevant data points in CAMBRIDGE HEIGHTS, 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
