2616 Sherwood LN, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $553,785. For a well positioned listing in SHERWOOD OAKS, I'd target the $351,000 to $361,000 range. Among the similar homes currently available in SHERWOOD OAKS, this price point stands out as competitive. At 124 sqft smaller than the typical comp, the size difference factors into the valuation. The 1964 construction puts this home 5 years newer than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in SHERWOOD OAKS, ranging from $327,000 to $953,000. Recent trends in SHERWOOD OAKS show home values have fallen 5.5% since 6 months ago. The most comparable recent sale is 2705 Little John LN, Austin TX 78704, with an adjusted value of $562,752; a strong comparable. 5 comparable transactions in SHERWOOD OAKS 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