15401 Fernhill DR, Austin TX 78717

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $687,823. I'd recommend coming to market at $479,000 to $489,000 to strike the right balance between value and market velocity. With 5 comparable homes on the market in AVERY SOUTH, this price positions the property as the most expensive of 5 comparable homes on the market. This home's larger footprint (133 sqft vs the comp average) plays a role in how the market prices it. 5 similar homes are currently available in AVERY SOUTH, creating a buyer's market for this price range. The trend in 78717 shows prices have fallen 1.5% in the past 6 months. 14520 Ballimamore DR, Austin TX 78717 nearby adjusts to $615,224; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group