15003 Ryman RD, Austin TX 78660

The market data from 7 similar recent sales in PARK WELLSPOINT points to a value of approximately $265,211. To sell within a reasonable timeframe at fair market value, the $211,000 to $221,000 range is where I'd position this. With 5 comparable homes on the market in PARK WELLSPOINT, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. The smaller floor plan (415 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2018 construction puts this home 5 years newer than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in PARK WELLSPOINT; a buyer's market based on recent absorption. In 78660, home values have fallen approximately 5.2% over the past 6 months. One of the strongest data points is 1101 Showbox ST, Pflugerville TX 78660, adjusting to $255,862; with a larger 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