5401 Ingersoll LN, Austin TX 78744

My analysis of 4 comparable properties puts this home's estimated value at $333,192. Based on how the local market is moving, a list price between $342,000 and $343,000 would position this home well. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in ADDISON's current inventory. The smaller floor plan (140 sqft compared to the average comp) is a meaningful differentiator in this price range. At 5 years older than typical comps, the 2015 build date influences the valuation. With 7 similar homes currently listed in ADDISON (a buyer's market), competition is a factor to consider. The 6 month price trend in ADDISON: fallen 7.6%. The best comp here is 8201 McKamy DR, Austin TX 78744 at an adjusted value of $348,357, a strong comparable. The comp data here (4 sales in ADDISON) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus