5112 Canella DR, Austin TX 78744

The market data from 7 similar recent sales in SILVERSTONE points to a value of approximately $326,463. To sell within a reasonable timeframe at fair market value, the $335,000 to $380,000 range is where I'd position this. In the current SILVERSTONE market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The 1984 construction puts this home 7 years older than the comp average, a factor in the pricing. At 0.27 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. The active market in SILVERSTONE includes 3 comparable homes priced from $325,000 to $375,000. In SILVERSTONE, home values have fallen approximately 17.6% over the past 6 months. One of the strongest data points is 4403 Quicksilver BLVD, Austin TX 78744, adjusting to $199,515; with a smaller floor plan. 7 comparable transactions in SILVERSTONE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group