5727 Wellington DR, Austin TX 78723

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $733,888. I'd recommend coming to market at $846,000 to $875,000 to strike the right balance between value and market velocity. Among the similar homes currently available in DELWOOD TERRACE, this price point stands out as competitive. The 174 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.24 acre lot (larger than the 0.21 acre average) is reflected in the estimate. Current inventory shows 5 comparable homes in DELWOOD TERRACE; a buyer's market based on recent absorption. The trend in 78723 shows prices have fallen 1.2% in the past 6 months. 5503 Delwood DR, Austin TX 78723 nearby adjusts to $833,861; with a smaller floor plan. Based on 7 relevant data points in DELWOOD TERRACE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX