1823 Michael Wayne DR, Austin TX 78728

My analysis of 7 comparable properties puts this home's estimated value at $462,927. Based on how the local market is moving, a list price between $495,000 and $502,000 would position this home well. Relative to what's currently available in WELLS BRANCH, this home would be the 2nd most expensive of 5 comparable homes on the market. Having a pool is a plus; 7 of the 7 comps lacked one. The larger lot (0.24 acres versus the area average of 0.20) contributes to the valuation. There are currently 5 similar homes on the market in WELLS BRANCH, ranging from $400,000 to $499,500. The 6 month price trend in WELLS BRANCH: fallen 0.7%. The best comp here is 2113 Cervin BLVD, Austin TX 78728 at an adjusted value of $317,102, with no pool. With 7 comparable sales in WELLS BRANCH, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group