2102 Margalene WAY, Austin TX 78728

The market data from 6 similar recent sales in WELLS BRANCH points to a value of approximately $323,937. To sell within a reasonable timeframe at fair market value, the $248,000 to $258,000 range is where I'd position this. With 7 comparable homes on the market in WELLS BRANCH, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. With 7 similar homes currently listed in WELLS BRANCH (a balanced market), competition is a factor to consider. In WELLS BRANCH, home values have fallen approximately 1.2% over the past 6 months. One of the strongest data points is 2200 MAPLE HOLLOW TRL, Austin TX 78728, adjusting to $355,654; a strong comparable. 6 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