2203 Spice Berry CV, Austin TX 78728

Based on 3 closed sales in WELLS BRANCH, the data points to a value around $402,146 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $434,000 to $474,000. This pricing would rank the home as the most affordable of 3 comparable homes on the market in WELLS BRANCH's current inventory. At 154 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1982 (5 years older than comps) is factored into the value estimate. Current inventory shows 3 comparable homes in WELLS BRANCH; a balanced market based on recent absorption. Market data shows WELLS BRANCH prices fallen 0.7% over the last half year. The closest comparable sale, 2113 Cervin BLVD, Austin TX 78728 at an adjusted $302,516, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in WELLS BRANCH. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group