2604 Water Well LN, Austin TX 78728

My analysis of 7 comparable properties puts this home's estimated value at $388,006. Based on how the local market is moving, a list price between $453,000 and $461,000 would position this home well. Relative to what's currently available in WELLS BRANCH, this home would be the most affordable of 7 comparable homes on the market. The larger floor plan (193 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.00 acres versus the area average of 0.19) contributes to the valuation. Current inventory shows 7 comparable homes in WELLS BRANCH; a balanced market based on recent absorption. The 6 month price trend in WELLS BRANCH: fallen 5.9%. The best comp here is 14913 Alpha Collier DR, Austin TX 78728 at an adjusted value of $406,999, with a smaller floor plan. The comp data here (7 sales in WELLS BRANCH) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus