7308 Ferndale CIR, Austin TX 78745

Based on 5 closed sales in BEACONRIDGE -B, the data points to a value around $541,823 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $307,000 to $317,000. This home's position in the current BEACONRIDGE -B market: the most expensive of 5 comparable homes on the market among comparable properties. The 220 sqft size difference versus comparable sales is reflected in the adjusted values. There are currently 5 similar homes on the market in BEACONRIDGE -B, ranging from $300,000 to $484,990. Market data shows 78745 prices risen 2.2% over the last half year. The closest comparable sale, 7010 Meadow RUN, Austin TX 78745 at an adjusted $613,764, is with a smaller floor plan. 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