10821 MICKELSON DR, Austin TX 78747

The market data from 7 similar recent sales in LEGENDS WAY ONION CREEK points to a value of approximately $408,425. To sell within a reasonable timeframe at fair market value, the $396,000 to $421,000 range is where I'd position this. In the current LEGENDS WAY ONION CREEK market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. The larger floor plan (115 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.00 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in LEGENDS WAY ONION CREEK; a buyer's market based on recent absorption. In 78747, home values have fallen approximately 8.7% over the past 6 months. One of the strongest data points is 11005 Players PATH, Austin TX 78747, adjusting to $418,015; with a smaller floor plan. The 7 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