5008 Bonneville BND, Austin TX 78744

Based on 7 closed sales in ADDISON, the data points to a value around $325,112 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $422,000 to $438,000. Buyers shopping in ADDISON right now would see this as a well positioned option among 7 comparable homes. Lot size matters here: 0.00 acres versus 0.16 for the typical comp. With 7 similar homes currently listed in ADDISON (a buyer's market), competition is a factor to consider. Market data shows ADDISON prices fallen 7.6% over the last half year. The closest comparable sale, 5701 Gerard DR, Austin TX 78744 at an adjusted $283,990, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in ADDISON. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group