2507 Sherwood LN # b, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $304,221. For a well positioned listing in SHERWOOD OAKS, I'd target the $298,000 to $310,000 range. Against 4 similar active listings in SHERWOOD OAKS, this price point lands at the most affordable of 4 comparable homes on the market. At 114 sqft larger than the typical comp, the size difference factors into the valuation. At 0.00 acres, the lot is smaller than the 0.04 acre comp average, which factors into pricing. Buyers in SHERWOOD OAKS have 4 comparable options right now, with asking prices between $299,900 and $325,000. Recent trends in SHERWOOD OAKS show home values have fallen 33.8% since 6 months ago. The most comparable recent sale is 2303 E Side DR # 102, Austin TX 78704, with an adjusted value of $283,729; 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