15229 FERNHILL DR, Austin TX 78717

Reviewing the most recent comparable transactions, this home's market value falls around $647,695. For a well positioned listing in AVERY RANCH MORNINGSIDE, I'd target the $719,000 to $738,000 range. With 7 comparable homes on the market in AVERY RANCH MORNINGSIDE, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. 7 similar homes are currently available in AVERY RANCH MORNINGSIDE, creating a buyer's market for this price range. Recent trends in 78717 show home values have fallen 5.3% since 6 months ago. The most comparable recent sale is 15101 Glen Echo DR, Austin TX 78717, with an adjusted value of $582,960; 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