2505 Mitchell, Austin TX 78748

Based on 4 closed sales in FORD OAKS ANNEX, the data points to a value around $500,793 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $625,000 to $646,000. This pricing would rank the home as the 3rd least expensive of 6 comparable homes on the market in FORD OAKS ANNEX's current inventory. The smaller floor plan (130 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.00 acres versus 0.45 for the typical comp. There are currently 6 similar homes on the market in FORD OAKS ANNEX, ranging from $440,000 to $660,000. Market data shows FORD OAKS ANNEX prices fallen 25% over the last half year. The closest comparable sale, 10309 Wommack RD, Austin TX 78748 at an adjusted $403,147, is with a larger floor plan. This estimate draws on 4 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus