2205 Rick Whinery DR, Austin TX 78728

The market data from 7 similar recent sales in WELLS BRANCH points to a value of approximately $432,336. To sell within a reasonable timeframe at fair market value, the $371,000 to $381,000 range is where I'd position this. In the current WELLS BRANCH market with 6 similar homes available, this price represents the most expensive of 6 comparable homes on the market. The 1992 construction puts this home 7 years newer than the comp average, a factor in the pricing. Current inventory shows 6 comparable homes in WELLS BRANCH; a balanced market based on recent absorption. In WELLS BRANCH, home values have fallen approximately 3.2% over the past 6 months. One of the strongest data points is 2402 Spring Wagon LN, Austin TX 78728, adjusting to $361,947; 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