5008 Canella DR, Austin TX 78744

Reviewing the most recent comparable transactions, this home's market value falls around $272,496. For a well positioned listing in SILVERSTONE, I'd target the $212,000 to $222,000 range. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in SILVERSTONE. The 1983 construction puts this home 10 years older than the comp average, a factor in the pricing. At 0.24 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in SILVERSTONE, ranging from $199,999 to $375,000. Recent trends in SILVERSTONE show home values have fallen 17.6% since 6 months ago. The most comparable recent sale is 4403 Quicksilver BLVD, Austin TX 78744, with an adjusted value of $178,247; a strong comparable. The 7 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