16620 Fowler Mill CV, Austin TX 78717

The market data from 7 similar recent sales in AVERY RANCH points to a value of approximately $503,451. To sell within a reasonable timeframe at fair market value, the $302,000 to $312,000 range is where I'd position this. With 7 comparable homes on the market in AVERY RANCH, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. This home's smaller footprint (333 sqft vs the comp average) plays a role in how the market prices it. The 2002 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in AVERY RANCH; a balanced market based on recent absorption. In AVERY RANCH, home values have risen approximately 16% over the past 6 months. One of the strongest data points is 9209 Meyrick Park TRL, Austin TX 78717, adjusting to $368,323; with a larger floor plan. 7 comparable transactions in AVERY RANCH 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