2407 Little John LN, Austin TX 78704

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $625,311. I'd recommend coming to market at $613,000 to $638,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in SHERWOOD OAKS, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. At 111 sqft larger than the typical comp, the size difference factors into the valuation. 4 similar homes are currently available in SHERWOOD OAKS, creating a buyer's market for this price range. The trend in SHERWOOD OAKS shows prices have fallen 30.2% in the past 6 months. 2712 Friar Tuck LN, Austin TX 78704 nearby adjusts to $758,204; a strong comparable. Based on 7 relevant data points in SHERWOOD OAKS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX