7304 Ferndale CIR, Austin TX 78745

Based on 5 closed sales in BEACONRIDGE -B, the data points to a value around $425,902 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $449,000 to $471,000. This would position the home competitively among 4 active listings in BEACONRIDGE -B. Current inventory shows 4 comparable homes in BEACONRIDGE -B; a buyer's market based on recent absorption. Market data shows 78745 prices fallen 4.4% over the last half year. The closest comparable sale, 7110 Shadywood DR, Austin TX 78745 at an adjusted $302,838, is a strong comparable. The strength of this estimate comes from 5 directly comparable sales in BEACONRIDGE -B. 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