5008 Weletka DR, Austin TX 78734

The market data from 7 similar recent sales in TRAVIS LANDING points to a value of approximately $391,206. To sell within a reasonable timeframe at fair market value, the $493,000 to $501,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in TRAVIS LANDING. At 107 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.48 acres, the lot is larger than the 0.35 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in TRAVIS LANDING, listed between $369,000 and $850,000. In TRAVIS LANDING, home values have fallen approximately 40.3% over the past 6 months. One of the strongest data points is 5104 McCormick Mountain DR, Austin TX 78734, adjusting to $352,028; 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