7308 Derby Downs DR, Austin TX 78747

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $264,159. I'd recommend coming to market at $279,000 to $289,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in SHELDON, this price positions the property as the most affordable of 3 comparable homes on the market. At 692 sqft smaller than the typical comp, the size difference factors into the valuation. 3 similar homes are currently available in SHELDON, creating a buyer's market for this price range. The trend in SHELDON shows prices have risen 0.8% in the past 6 months. 9021 Winter Haven RD, Austin TX 78747 nearby adjusts to $240,820; with a larger floor plan. Based on 7 relevant data points in SHELDON, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX