3503 Ferguson LN, Austin TX 78754

The estimated value of this property is $389,484, based on 5 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $286,000 and $296,000. With 7 comparable homes on the market in WALNUT PLACE, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The 0.45 acre lot (larger than the 0.37 acre average) is reflected in the estimate. With 7 similar homes currently listed in WALNUT PLACE (a buyer's market), competition is a factor to consider. Recent trends in 78754 show home values have fallen 5.5% since 6 months ago. The most comparable recent sale is 3601 Quiette DR, Austin TX 78754, with an adjusted value of $302,804; with a smaller floor plan. Based on 5 relevant data points in WALNUT PLACE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX