6825 Derby Downs DR, Austin TX 78744

The market data from 7 similar recent sales in SHELDON points to a value of approximately $346,245. To sell within a reasonable timeframe at fair market value, the $377,000 to $379,000 range is where I'd position this. Against 7 similar active listings in SHELDON, this price point lands at the 2nd least expensive of 7 comparable homes on the market. At 166 sqft larger than the typical comp, the size difference factors into the valuation. The 2007 construction puts this home 7 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in SHELDON; a buyer's market based on recent absorption. In SHELDON, home values have risen approximately 0.8% over the past 6 months. One of the strongest data points is 9100 Winter Haven RD, Austin TX 78747, adjusting to $362,316; a strong comparable. 7 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