2122 Surrender Ave, Austin TX 78728

The market data from 7 similar recent sales in WELLS BRANCH points to a value of approximately $452,707. To sell within a reasonable timeframe at fair market value, the $439,000 to $466,000 range is where I'd position this. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in WELLS BRANCH. At 0.22 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. 1 similar homes are currently available in WELLS BRANCH, creating a seller's market for this price range. In WELLS BRANCH, home values have fallen approximately 7.1% over the past 6 months. One of the strongest data points is 1815 Michael Wayne DR, Austin TX 78728, adjusting to $463,715; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group