6016 Elfen WAY, Austin TX 78724

The market data from 7 similar recent sales in WOODLANDS THE points to a value of approximately $402,501. To sell within a reasonable timeframe at fair market value, the $452,000 to $472,000 range is where I'd position this. In the current WOODLANDS THE market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. This home's smaller footprint (158 sqft vs the comp average) plays a role in how the market prices it. 7 similar homes are currently available in WOODLANDS THE, creating a buyer's market for this price range. In WOODLANDS THE, home values have fallen approximately 14.3% over the past 6 months. One of the strongest data points is 5228 Bantom Woods BND, Austin TX 78724, adjusting to $309,136; with a larger floor plan. 7 comparable transactions in WOODLANDS THE 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