2221 Margalene WAY, Austin TX 78728

Reviewing the most recent comparable transactions, this home's market value falls around $373,717. For a well positioned listing in WELLS BRANCH, I'd target the $290,000 to $300,000 range. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in WELLS BRANCH. Being 122 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.20 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. Buyers in WELLS BRANCH have 5 comparable options right now, with asking prices between $285,000 and $399,000. Recent trends in WELLS BRANCH show home values have fallen 0.7% since 6 months ago. The most comparable recent sale is 1905 TERISU CV, Austin TX 78728, with an adjusted value of $351,465; with a larger floor plan. The 3 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