5205 Ingersoll LN, Austin TX 78744

Reviewing the most recent comparable transactions, this home's market value falls around $360,088. For a well positioned listing in ADDISON, I'd target the $266,000 to $276,000 range. In the current ADDISON market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. Being 242 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.32 acres, the lot is larger than the 0.12 acre comp average, which factors into pricing. The active market in ADDISON includes 2 comparable homes priced from $253,000 to $322,900. Recent trends in ADDISON show home values have fallen 7.5% since 6 months ago. The most comparable recent sale is 8201 McKamy DR, Austin TX 78744, with an adjusted value of $381,870; 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