2706 Wheless LN # 501, Austin TX 78723

This home was listed at $209,000 and was on the market for 54 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $234,774. Here are some factors that may have played a role: The listing had a price reduction during its time on market, which can sometimes affect buyer perception. Coming to market in December may have put this home in a slower seasonal window for the Austin area. At the time, there appear to have been 2 similar homes available at lower price points, which may have given buyers other options. The 219 sqft size difference versus comparable sales is reflected in the adjusted values. The 1984 construction puts this home 24 years newer than the comp average, a factor in the pricing. The 7 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