401 Hammack DR # 1, Austin TX 78752

The market data from 5 similar recent sales in SHERRY DALE points to a value of approximately $640,868. To sell within a reasonable timeframe at fair market value, the $538,000 to $548,000 range is where I'd position this. In the current SHERRY DALE market with 7 similar homes available, this price represents the 0th most expensive of 7 comparable homes on the market. The larger floor plan (114 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.08 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SHERRY DALE; a buyer's market based on recent absorption. In 78752, home values have fallen approximately 25.6% over the past 6 months. One of the strongest data points is 200 W 56th ST # 5104, Austin TX 78751, adjusting to $543,106; with a smaller floor plan. The 5 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