2212 Cedar Branch DR, Austin TX 78727

The market data from 7 similar recent sales in SCOFIELD FARMS points to a value of approximately $485,009. To sell within a reasonable timeframe at fair market value, the $535,000 to $550,000 range is where I'd position this. In the current SCOFIELD FARMS market with 6 similar homes available, this price represents the 3rd least expensive of 6 comparable homes on the market. The 1991 construction puts this home 7 years older than the comp average, a factor in the pricing. With 6 similar homes currently listed in SCOFIELD FARMS (a balanced market), competition is a factor to consider. In SCOFIELD FARMS, home values have fallen approximately 13% over the past 6 months. One of the strongest data points is 13217 Armaga Springs RD, Austin TX 78727, adjusting to $493,238; a strong comparable. 7 comparable transactions in SCOFIELD FARMS 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