602 Sandringham CIR, Austin TX 78704

My analysis of 5 comparable properties puts this home's estimated value at $599,131. Based on how the local market is moving, a list price between $581,000 and $617,000 would position this home well. This home's position in the current SHERWOOD OAKS market: the most affordable of 3 comparable homes on the market among comparable properties. The larger lot (0.25 acres versus the area average of 0.19) contributes to the valuation. There are currently 3 similar homes on the market in SHERWOOD OAKS, ranging from $730,000 to $849,000. The 6 month price trend in SHERWOOD OAKS: risen 66%. The best comp here is 2415 Little John LN, Austin TX 78704 at an adjusted value of $671,541, a strong comparable. With 5 comparable sales in SHERWOOD OAKS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group