2612 Water Well LN, Austin TX 78728

The market data from 5 similar recent sales in WELLS BRANCH points to a value of approximately $434,403. To sell within a reasonable timeframe at fair market value, the $421,000 to $447,000 range is where I'd position this. In the current WELLS BRANCH market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. At 0.26 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in WELLS BRANCH, ranging from $375,000 to $560,000. In WELLS BRANCH, home values have fallen approximately 1% over the past 6 months. One of the strongest data points is 14506 Crystal CT, Austin TX 78728, adjusting to $434,817; with a smaller floor plan. The 5 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