5010 Hedgewood DR, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $345,208. For a well positioned listing in COMMUNITY FAIRVIEW, I'd target the $396,000 to $420,000 range. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in COMMUNITY FAIRVIEW. This home's smaller footprint (116 sqft vs the comp average) plays a role in how the market prices it. The 1977 construction puts this home 7 years newer than the comp average, a factor in the pricing. 3 similar homes are currently available in COMMUNITY FAIRVIEW, creating a buyer's market for this price range. Recent trends in COMMUNITY FAIRVIEW show home values have fallen 2.7% since 6 months ago. The most comparable recent sale is 412 Thistlewood DR, Austin TX 78745, with an adjusted value of $396,042; a strong comparable. The 4 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