Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $501,624. To generate strong buyer interest while maximizing value, I'd price this between $492,000 and $512,000. Against 1 similar active listings in DOE GARDEN HOMES, this price point lands at below the only comparable home currently on the market. At 0.00 acres, the lot is smaller than the 0.14 acre comp average, which factors into pricing. 1 similar homes are currently available in DOE GARDEN HOMES, creating a buyer's market for this price range. The trend in 78746 shows prices have fallen 10.3% in the past 6 months. 1504 Aquifer CV # B, Austin TX 78746 nearby adjusts to $497,132; a strong comparable. The 4 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