2608 Tracy TRL, Austin TX 78728

The market data from 7 similar recent sales in WELLS BRANCH points to a value of approximately $298,068. To sell within a reasonable timeframe at fair market value, the $343,000 to $346,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in WELLS BRANCH. At 0.00 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in WELLS BRANCH; a balanced market based on recent absorption. In WELLS BRANCH, home values have fallen approximately 1% over the past 6 months. One of the strongest data points is 14405 Tiffer LN, Austin TX 78728, adjusting to $280,550; a strong comparable. 7 comparable transactions in WELLS BRANCH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group