5102 Canella DR, Austin TX 78744

Based on 3 closed sales in SILVERSTONE, the data points to a value around $306,602 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $209,000 to $219,000. Buyers shopping in SILVERSTONE right now would see this as a well positioned option among 6 comparable homes. The 166 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1983 (8 years older than comps) is factored into the value estimate. With 6 similar homes currently listed in SILVERSTONE (a seller's market), competition is a factor to consider. Market data shows SILVERSTONE prices fallen 17.6% over the last half year. The closest comparable sale, 2401 Lendall LN, Austin TX 78744 at an adjusted $364,230, is with a larger floor plan. The strength of this estimate comes from 3 directly comparable sales in SILVERSTONE. 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