2506 Little John LN, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $577,146. For a well positioned listing in SHERWOOD OAKS, I'd target the $707,000 to $784,000 range. Among the similar homes currently available in SHERWOOD OAKS, this price point stands out as competitive. This home's larger footprint (142 sqft vs the comp average) plays a role in how the market prices it. At 0.14 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. 4 similar homes are currently available in SHERWOOD OAKS, creating a buyer's market for this price range. Recent trends in SHERWOOD OAKS show home values have fallen 26.7% since 6 months ago. The most comparable recent sale is 2613 Carnarvon LN, Austin TX 78704, with an adjusted value of $706,936; with a smaller 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