2143 Cervin, Austin TX 78728

The market data from 7 similar recent sales in WELLS BRANCH points to a value of approximately $343,812. To sell within a reasonable timeframe at fair market value, the $284,000 to $294,000 range is where I'd position this. Against 4 similar active listings in WELLS BRANCH, this price point lands at the 2nd most expensive of 4 comparable homes on the market. At 0.21 acres, the lot is larger than the 0.13 acre comp average, which factors into pricing. The active market in WELLS BRANCH includes 4 comparable homes priced from $275,000 to $495,000. In WELLS BRANCH, home values have fallen approximately 7.1% over the past 6 months. One of the strongest data points is 2200 Margalene WAY, Austin TX 78728, adjusting to $263,495; 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