15309 Fernhill DR, Austin TX 78717

The market data from 7 similar recent sales in 78717 points to a value of approximately $604,663. To sell within a reasonable timeframe at fair market value, the $666,000 to $668,000 range is where I'd position this. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in 78717. At 0.00 acres, the lot is smaller than the 0.21 acre comp average, which factors into pricing. With 3 similar homes currently listed in 78717 (a buyer's market), competition is a factor to consider. In 78717, home values have fallen approximately 3.6% over the past 6 months. One of the strongest data points is 16113 Indina Hills CV, Austin TX 78717, adjusting to $565,292; a strong comparable. 7 comparable transactions in 78717 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