506 Irma DR, Austin TX 78752

Based on 7 closed sales in SHERRY DALE, the data points to a value around $406,067 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $251,000 to $261,000. Relative to what's currently available in SHERRY DALE, this home would be the 4th most expensive of 7 comparable homes on the market. Being built in 1954 (13 years older than comps) is factored into the value estimate. Lot size matters here: 0.11 acres versus 0.16 for the typical comp. With 7 similar homes currently listed in SHERRY DALE (a buyer's market), competition is a factor to consider. Market data shows 78752 prices risen 4.1% over the last half year. The closest comparable sale, 7000 Miranda DR, Austin TX 78752 at an adjusted $302,004, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in SHERRY DALE. 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