5921 Coventry, Austin TX 78723

The market data from 7 similar recent sales in WHELESS points to a value of approximately $408,243. To sell within a reasonable timeframe at fair market value, the $494,000 to $526,000 range is where I'd position this. In the current WHELESS market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. The 1947 construction puts this home 8 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in WHELESS; a buyer's market based on recent absorption. In 78723, home values have fallen approximately 1.2% over the past 6 months. One of the strongest data points is 1213 NE Cloverleaf DR, Austin TX 78723, adjusting to $316,763; a strong comparable. 7 comparable transactions in WHELESS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group