6804 Derby Downs DR, Austin TX 78747

Based on 5 closed sales in SHELDON, the data points to a value around $320,566 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $347,000 to $350,000. Buyers shopping in SHELDON right now would see this as a well positioned option among 6 comparable homes. Being built in 2007 (6 years older than comps) is factored into the value estimate. Current inventory shows 6 comparable homes in SHELDON; a buyer's market based on recent absorption. Market data shows SHELDON prices risen 0.8% over the last half year. The closest comparable sale, 9016 Bird Brook LN, Austin TX 78747 at an adjusted $339,335, is a strong comparable. 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