5209 Hedgewood DR, Austin TX 78745

The comparable sales data (7 recent transactions in COMMUNITY FAIRVIEW) supports an estimated value of $501,077. The data suggests a list price between $305,000 and $315,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the most expensive of 5 comparable homes on the market in COMMUNITY FAIRVIEW's current inventory. Being 130 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1975 (6 years newer than comps) is factored into the value estimate. There are currently 5 similar homes on the market in COMMUNITY FAIRVIEW, ranging from $285,000 to $594,994. Prices in COMMUNITY FAIRVIEW have fallen 11.1% over the last 6 months. A similar home at 409 Thistlewood DR, Austin TX 78745 carries an adjusted comparable value of $518,831, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in COMMUNITY FAIRVIEW. 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