5400 Ingersoll LN, Austin TX 78744

The market data from 6 similar recent sales in ADDISON points to a value of approximately $344,001. To sell within a reasonable timeframe at fair market value, the $356,000 to $362,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in ADDISON. Current inventory shows 7 comparable homes in ADDISON; a buyer's market based on recent absorption. In ADDISON, home values have fallen approximately 7.6% over the past 6 months. One of the strongest data points is 5908 Gerard DR, Austin TX 78744, adjusting to $313,082; a strong comparable. The 6 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