2416 Little John LN, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $529,159. To generate strong buyer interest while maximizing value, I'd price this between $519,000 and $540,000. In the current SHERWOOD OAKS market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. The 138 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.14 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. With 4 similar homes currently listed in SHERWOOD OAKS (a buyer's market), competition is a factor to consider. The trend in SHERWOOD OAKS shows prices have fallen 38.2% in the past 6 months. 2704 Carnarvon LN, Austin TX 78704 nearby adjusts to $444,677; 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