The estimated value of this property is $381,957, based on 6 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $304,000 and $314,000. With 3 comparable homes on the market in SWEETWATER, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. With 3 similar homes currently listed in SWEETWATER (a balanced market), competition is a factor to consider. Recent trends in SWEETWATER show home values have fallen 3.3% since 6 months ago. The most comparable recent sale is 10312 Laredo DR # 165, Austin TX 78748, with an adjusted value of $402,492; with a larger floor plan. Based on 6 relevant data points in SWEETWATER, 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