1606 Sharon LN, Austin TX 78703

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $450,398. I'd recommend coming to market at $215,000 to $225,000 to strike the right balance between value and market velocity. In the current WESTFIELD market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. Built in 1933, this home is 36 years older than the average comp, which is reflected in the adjustments. The 0.20 acre lot (larger than the 0.12 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in WESTFIELD, listed between $239,717 and $625,000. The trend in WESTFIELD shows prices have fallen 14.7% in the past 6 months. 2113 W 12th ST, Austin TX 78703 nearby adjusts to $682,530; a strong comparable. Based on 7 relevant data points in WESTFIELD, 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