Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $422,862. To generate strong buyer interest while maximizing value, I'd price this between $410,000 and $436,000. Against 5 similar active listings in 78746, this price point lands at the 2nd least expensive of 5 comparable homes on the market. This home's larger footprint (482 sqft vs the comp average) plays a role in how the market prices it. 5 similar homes are currently available in 78746, creating a buyer's market for this price range. The trend in 78746 shows prices have risen 8.7% in the past 6 months. 40 N Interstate 35 Highway, Austin TX 78701 nearby adjusts to $504,766; with a smaller floor plan. The 3 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