15417 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 $691,180. I'd recommend coming to market at $790,000 to $811,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in AVERY SOUTH. Being 161 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 2007, this home is 6 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in AVERY SOUTH; a buyer's market based on recent absorption. The trend in 78717 shows prices have fallen 1.5% in the past 6 months. 14320 Padbrook Park CV, Austin TX 78717 nearby adjusts to $687,391; a strong comparable. Based on 6 relevant data points in AVERY SOUTH, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX