10409 Wommack RD, Austin TX 78748

My analysis of 3 comparable properties puts this home's estimated value at $563,665. Based on how the local market is moving, a list price between $492,000 and $502,000 would position this home well. Buyers shopping in FELPS-JOHNSON right now would see this as a well positioned option among 3 comparable homes. The 279 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (0.28 acres versus the area average of 0.22) contributes to the valuation. Current inventory shows 3 comparable homes in FELPS-JOHNSON; a buyer's market based on recent absorption. The 6 month price trend in 78748: fallen 3.3%. The best comp here is 10525 Beard Ave, Austin TX 78748 at an adjusted value of $637,221, a strong comparable. The comp data here (3 sales in FELPS-JOHNSON) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus