4506 Sherwyn DR, Austin TX 78725

The estimated value of this property is $319,316, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $219,000 and $229,000. With 3 comparable homes on the market in CRAIGWOOD, this price positions the property as the most expensive of 3 comparable homes on the market. At 290 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1971, this home is 21 years older than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in CRAIGWOOD (a buyer's market), competition is a factor to consider. Recent trends in 78725 show home values have risen 1.7% since 6 months ago. The most comparable recent sale is 6305 Craigwood CIR, Austin TX 78725, with an adjusted value of $359,391; a strong comparable. Based on 7 relevant data points in CRAIGWOOD, 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