6800 Derby Downs DR, Austin TX 78747

Taking into account 5 nearby comparable sales, this property's estimated value comes to $286,623. If we were to list this property today, I'd recommend a list price in the $278,000 to $295,000 range. Buyers shopping in SHELDON right now would see this as a well positioned option among 3 comparable homes. The 363 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2007 (6 years older than comps) is factored into the value estimate. Current inventory shows 3 comparable homes in SHELDON; a buyer's market based on recent absorption. The 6 month price trend in SHELDON: risen 0.8%. The best comp here is 8821 Milton Lease DR, Austin TX 78747 at an adjusted value of $311,058, with a larger floor plan. The strength of this estimate comes from 5 directly comparable sales in SHELDON. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group