2508 Wheless LN, Austin TX 78723

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $370,733. To generate strong buyer interest while maximizing value, I'd price this between $476,000 and $494,000. Against 7 similar active listings in ELDRIDGE, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 1949 construction puts this home 10 years older than the comp average, a factor in the pricing. At 0.45 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. The active market in ELDRIDGE includes 7 comparable homes priced from $325,000 to $525,000. The trend in 78723 shows prices have fallen 1.2% in the past 6 months. 6103 Derby CV, Austin TX 78723 nearby adjusts to $368,641; 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