15409 Fernhill DR, Austin TX 78717

Based on 7 closed sales in AVERY SOUTH, the data points to a value around $791,354 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $815,000 to $818,000. This home's position in the current AVERY SOUTH market: the 3rd most expensive of 5 comparable homes on the market among comparable properties. Lot size matters here: 0.24 acres versus 0.21 for the typical comp. With 5 similar homes currently listed in AVERY SOUTH (a buyer's market), competition is a factor to consider. Market data shows 78717 prices fallen 0.4% over the last half year. The closest comparable sale, 9504 Indina Hills DR, Austin TX 78717 at an adjusted $783,153, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in AVERY SOUTH. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group