5308 Gooding DR, Austin TX 78744

Reviewing the most recent comparable transactions, this home's market value falls around $365,941. For a well positioned listing in ADDISON, I'd target the $280,000 to $290,000 range. At this price, the property would be the 2nd most expensive of 6 comparable homes on the market comparable homes currently on the market in ADDISON. The 2015 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 6 comparable homes in ADDISON; a buyer's market based on recent absorption. Recent trends in ADDISON show home values have fallen 7.7% since 6 months ago. The most comparable recent sale is 8211 McKamy DR, Austin TX 78744, with an adjusted value of $374,837; a strong comparable. 4 comparable transactions in ADDISON 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