2313 Spring Wagon LN, Austin TX 78728

The estimated value of this property is $451,664, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $384,000 and $394,000. In the current WELLS BRANCH market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The 0.22 acre lot (larger than the 0.19 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in WELLS BRANCH; a seller's market based on recent absorption. Recent trends in WELLS BRANCH show home values have fallen 7.1% since 6 months ago. The most comparable recent sale is 14506 Crystal CT, Austin TX 78728, with an adjusted value of $425,909; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group