602 Sheraton Ave, Austin TX 78745

The market data from 6 similar recent sales in GREENWOOD HILLS points to a value of approximately $301,263. To sell within a reasonable timeframe at fair market value, the $375,000 to $380,000 range is where I'd position this. With 4 comparable homes on the market in GREENWOOD HILLS, this price positions the property as the most affordable of 4 comparable homes on the market. At 0.24 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in GREENWOOD HILLS; a buyer's market based on recent absorption. In GREENWOOD HILLS, home values have fallen approximately 2.5% over the past 6 months. One of the strongest data points is 311 Rowland DR, Austin TX 78745, adjusting to $293,285; with a smaller floor plan. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group