5206 Hedgewood DR, Austin TX 78745

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $481,747. Pricing this home between $305,000 and $315,000 would put it in the competitive sweet spot for COMMUNITY FAIRVIEW. Relative to what's currently available in COMMUNITY FAIRVIEW, this home would be the most expensive of 3 comparable homes on the market. Being 196 sqft larger than the average comparable sale in this area impacts the per square foot value. At 7 years newer than typical comps, the 1975 build date influences the valuation. Current inventory shows 3 comparable homes in COMMUNITY FAIRVIEW; a buyer's market based on recent absorption. Market data shows COMMUNITY FAIRVIEW prices fallen 2.7% over the last half year. The closest comparable sale, 500 Arbor LN, Austin TX 78745 at an adjusted $515,832, is a strong comparable. With 3 comparable sales in COMMUNITY FAIRVIEW, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group