The comparable sales data (6 recent transactions in SHERWOOD OAKS) supports an estimated value of $2,328,088. The data suggests a list price between $2,282,000 and $2,375,000 would attract qualified buyers without leaving money on the table. Buyers shopping in SHERWOOD OAKS right now would see this as a well positioned option among 4 comparable homes. The 352 sqft size difference versus comparable sales is reflected in the adjusted values. Buyers in SHERWOOD OAKS have 4 comparable options right now, with asking prices between $2,075,000 and $2,995,000. Prices in SHERWOOD OAKS have fallen 38.2% over the last 6 months. A similar home at 2611 Sherwood LN, Austin TX 78704 carries an adjusted comparable value of $1,414,961, providing a strong data point. The strength of this estimate comes from 6 directly comparable sales in SHERWOOD OAKS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group
