5508 Delwood DR, Austin TX 78723

Based on 3 closed sales in DELWOOD EAST, the data points to a value around $507,461 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $539,000 to $560,000. This pricing would rank the home as the 2nd least expensive of 4 comparable homes on the market in DELWOOD EAST's current inventory. This home's smaller footprint (113 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 4 comparable homes in DELWOOD EAST; a seller's market based on recent absorption. Market data shows DELWOOD EAST prices fallen 3.6% over the last half year. The closest comparable sale, 2009 Northridge DR, Austin TX 78723 at an adjusted $444,114, is a strong comparable. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus