2511 Sweeney LN, Austin TX 78723

The market data from 7 similar recent sales in ELDRIDGE points to a value of approximately $421,226. To sell within a reasonable timeframe at fair market value, the $283,000 to $293,000 range is where I'd position this. In the current ELDRIDGE market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The 1945 construction puts this home 10 years older than the comp average, a factor in the pricing. At 0.50 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. Buyers in ELDRIDGE have 7 comparable options right now, with asking prices between $280,000 and $749,000. In 78723, home values have risen approximately 1% over the past 6 months. One of the strongest data points is 1213 NE Cloverleaf DR, Austin TX 78723, adjusting to $348,881; 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