102 W Fawnridge DR, Austin TX 78753

The estimated value of this property is $451,384, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $286,000 and $296,000. In the current GEORGIAN ACRES market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. Built in 1949, this home is 8 years older than the average comp, which is reflected in the adjustments. The 0.44 acre lot (larger than the 0.31 acre average) is reflected in the estimate. With 4 similar homes currently listed in GEORGIAN ACRES (a balanced market), competition is a factor to consider. Recent trends in 78753 show home values have fallen 0.6% since 6 months ago. The most comparable recent sale is 11503 Hunters LN, Austin TX 78753, with an adjusted value of $440,948; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group