2407 Water Well LN, Austin TX 78728

Reviewing the most recent comparable transactions, this home's market value falls around $356,796. For a well positioned listing in 78728, I'd target the $366,000 to $369,000 range. Against 3 similar active listings in 78728, this price point lands at the most expensive of 3 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.14 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in 78728, ranging from $275,000 to $406,900. Recent trends in 78728 show home values have fallen 0.4% since 6 months ago. The most comparable recent sale is 2200 MAPLE HOLLOW TRL, Austin TX 78728, with an adjusted value of $370,214; a strong comparable. The 7 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