14925 Purslane Meadow TRL, Austin TX 78728

The comparable sales data (7 recent transactions in WELLS BRANCH) supports an estimated value of $486,052. The data suggests a list price between $407,000 and $417,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the most expensive of 6 comparable homes on the market in WELLS BRANCH's current inventory. Being 228 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1999 (8 years newer than comps) is factored into the value estimate. Current inventory shows 6 comparable homes in WELLS BRANCH; a balanced market based on recent absorption. Prices in WELLS BRANCH have fallen 4.4% over the last 6 months. A similar home at 2204 Rick Whinery DR, Austin TX 78728 carries an adjusted comparable value of $439,047, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in WELLS BRANCH. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group