4607 Sherwyn DR, Austin TX 78725

The estimated value of this property is $321,522, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $212,000 and $222,000. With 2 comparable homes on the market in CRAIGWOOD, this price positions the property as the most expensive of 2 comparable homes on the market. The smaller floor plan (548 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1971, this home is 16 years older than the average comp, which is reflected in the adjustments. Current inventory shows 2 comparable homes in CRAIGWOOD; a buyer's market based on recent absorption. Recent trends in 78725 show home values have fallen 3.6% since 6 months ago. The most comparable recent sale is 4713 Little Hill CIR, Austin TX 78725, with an adjusted value of $293,213; with a smaller floor plan. 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