6720 Derby Downs DR, Austin TX 78747

The market data from 6 similar recent sales in SHELDON points to a value of approximately $325,527. To sell within a reasonable timeframe at fair market value, the $343,000 to $350,000 range is where I'd position this. In the current SHELDON market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The larger floor plan (113 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2007 construction puts this home 5 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in SHELDON, listed between $300,000 and $349,000. In SHELDON, home values have risen approximately 0.8% over the past 6 months. One of the strongest data points is 9016 Bird Brook LN, Austin TX 78747, adjusting to $342,552; a strong comparable. 6 comparable transactions in SHELDON 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