1812 Camas DR, Austin TX 78728

The market data from 7 similar recent sales in WELLS BRANCH points to a value of approximately $463,097. To sell within a reasonable timeframe at fair market value, the $498,000 to $500,000 range is where I'd position this. With 4 comparable homes on the market in WELLS BRANCH, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. At 376 sqft larger than the typical comp, the size difference factors into the valuation. The 1998 construction puts this home 10 years newer than the comp average, a factor in the pricing. With 4 similar homes currently listed in WELLS BRANCH (a seller's market), competition is a factor to consider. In WELLS BRANCH, home values have fallen approximately 7.1% over the past 6 months. One of the strongest data points is 14808 Endicott DR, Austin TX 78728, adjusting to $495,097; a strong comparable. 7 comparable transactions in WELLS BRANCH 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