5505 Mesquite Grove RD, Austin TX 78744

Based on 6 closed sales in FAIRWAY RIDGE, the data points to a value around $287,318 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $303,000 to $317,000. This pricing would rank the home as the 2nd least expensive of 4 comparable homes on the market in FAIRWAY RIDGE's current inventory. With 4 similar homes currently listed in FAIRWAY RIDGE (a buyer's market), competition is a factor to consider. Market data shows 78744 prices fallen 5% over the last half year. The closest comparable sale, 5454 Walnut Grove DR, Austin TX 78744 at an adjusted $348,760, is a strong comparable. The strength of this estimate comes from 6 directly comparable sales in FAIRWAY RIDGE. 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