2217 ONION CREEK PKWY # 117, Austin TX 78747

The market data from 7 similar recent sales in 78747 points to a value of approximately $389,163. To sell within a reasonable timeframe at fair market value, the $324,000 to $334,000 range is where I'd position this. In the current 78747 market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The 1978 construction puts this home 28 years older than the comp average, a factor in the pricing. At 0.20 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78747 (a buyer's market), competition is a factor to consider. In 78747, home values have fallen approximately 12.2% over the past 6 months. One of the strongest data points is 10710 Pinehurst DR, Austin TX 78747, adjusting to $436,530; a strong comparable. 7 comparable transactions in 78747 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