1411 Sledge DR, Austin TX 78734

The market data from 7 similar recent sales in 78734 points to a value of approximately $936,683. To sell within a reasonable timeframe at fair market value, the $991,000 to $997,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in 78734. At 1.26 acres, the lot is larger than the 0.23 acre comp average, which factors into pricing. 7 similar homes are currently available in 78734, creating a buyer's market for this price range. In 78734, home values have fallen approximately 8.9% over the past 6 months. One of the strongest data points is 19 San Savio CT, Austin TX 78738, adjusting to $907,103; with a smaller floor plan. 7 comparable transactions in 78734 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