7228 Derby Downs DR, Austin TX 78747

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $346,849. To generate strong buyer interest while maximizing value, I'd price this between $336,000 and $357,000. 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 (173 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2008 construction puts this home 6 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. The trend in SHELDON shows prices have risen 0.8% in the past 6 months. 9100 Winter Haven RD, Austin TX 78747 nearby adjusts to $367,118; 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