400 E Fawnridge DR, Austin TX 78753

Based on 7 closed sales in GEORGIAN ACRES, the data points to a value around $255,037 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $172,000 to $182,000. This home's position in the current GEORGIAN ACRES market: the 4th most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (286 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1948 (29 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in GEORGIAN ACRES (a buyer's market), competition is a factor to consider. Market data shows 78753 prices fallen 3.8% over the last half year. The closest comparable sale, 214 Beaver ST, Austin TX 78753 at an adjusted $233,564, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus