15416 Fernhill DR, Austin TX 78717

Reviewing the most recent comparable transactions, this home's market value falls around $628,054. For a well positioned listing in AVERY SOUTH, I'd target the $497,000 to $507,000 range. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in AVERY SOUTH. Being 188 sqft larger than the average comparable sale in this area impacts the per square foot value. Current inventory shows 7 comparable homes in AVERY SOUTH; a balanced market based on recent absorption. Recent trends in 78717 show home values have fallen 4.5% since 6 months ago. The most comparable recent sale is 15429 Fisher Island DR, Austin TX 78717, with an adjusted value of $640,069; with a smaller floor plan. 3 comparable transactions in AVERY SOUTH 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