1216 Sharps RD, Austin TX 78734

The market data from 7 similar recent sales in APACHE SHORES points to a value of approximately $401,489. To sell within a reasonable timeframe at fair market value, the $243,000 to $253,000 range is where I'd position this. With 7 comparable homes on the market in APACHE SHORES, this price positions the property as the most expensive of 7 comparable homes on the market. The 412 sqft size difference versus comparable sales is reflected in the adjusted values. The 1996 construction puts this home 9 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in APACHE SHORES; a buyer's market based on recent absorption. In APACHE SHORES, home values have fallen approximately 11.2% over the past 6 months. One of the strongest data points is 2108 Indian Creek RD, Austin TX 78734, adjusting to $398,000; with a larger floor plan. 7 comparable transactions in APACHE SHORES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group