7400 Derby Downs DR, Austin TX 78747

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $353,266. To generate strong buyer interest while maximizing value, I'd price this between $372,000 and $377,000. With 3 comparable homes on the market in SHELDON, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. Being 354 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2008 construction puts this home 6 years older than the comp average, a factor in the pricing. The active market in SHELDON includes 3 comparable homes priced from $335,000 to $439,900. The trend in SHELDON shows prices have risen 0.8% in the past 6 months. 9001 Edmundsbury DR, Austin TX 78747 nearby adjusts to $347,586; with a smaller floor plan. 4 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