2612 Wheless LN, Austin TX 78723

My analysis of 6 comparable properties puts this home's estimated value at $646,186. Based on how the local market is moving, a list price between $403,000 and $413,000 would position this home well. This home's position in the current SHEPPARD S R JR market: the most expensive of 5 comparable homes on the market among comparable properties. At 11 years older than typical comps, the 1945 build date influences the valuation. The larger lot (0.31 acres versus the area average of 0.23) contributes to the valuation. Current inventory shows 5 comparable homes in SHEPPARD S R JR; a buyer's market based on recent absorption. The 6 month price trend in 78723: fallen 1.2%. The best comp here is 6103 Belfast DR, Austin TX 78723 at an adjusted value of $600,256, a strong comparable. With 6 comparable sales in SHEPPARD S R JR, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group