Taking into account 7 nearby comparable sales, this property's estimated value comes to $399,072. If we were to list this property today, I'd recommend a list price in the $295,000 to $305,000 range. Relative to what's currently available in WELLS BRANCH, this home would be the most expensive of 5 comparable homes on the market. Being built in 1993 (9 years newer than comps) is factored into the value estimate. The active market in WELLS BRANCH includes 5 comparable homes priced from $299,900 to $499,900. The 6 month price trend in WELLS BRANCH: fallen 7.1%. The best comp here is 2134 Cervin BLVD, Austin TX 78728 at an adjusted value of $410,881, with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus