15118 Galena DR, Austin TX 78717

The market data from 4 similar recent sales in DAVIS SPRING points to a value of approximately $475,993. To sell within a reasonable timeframe at fair market value, the $462,000 to $490,000 range is where I'd position this. Against 5 similar active listings in DAVIS SPRING, this price point lands at the 3rd most expensive of 5 comparable homes on the market. At 399 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.15 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. With 5 similar homes currently listed in DAVIS SPRING (a balanced market), competition is a factor to consider. In DAVIS SPRING, home values have fallen approximately 7.5% over the past 6 months. One of the strongest data points is 14930 Galena DR, Austin TX 78717, adjusting to $435,978; with a larger floor plan. The 4 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