6801 Derby Downs DR, Austin TX 78747

My analysis of 5 comparable properties puts this home's estimated value at $298,257. Based on how the local market is moving, a list price between $345,000 and $348,000 would position this home well. Relative to what's currently available in SHELDON, this home would be the most affordable of 6 comparable homes on the market. This home's smaller footprint (240 sqft vs the comp average) plays a role in how the market prices it. At 5 years older than typical comps, the 2008 build date influences the valuation. The active market in SHELDON includes 6 comparable homes priced from $319,900 to $399,000. 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 $324,025, a strong comparable. With 5 comparable sales in SHELDON, 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