7417 Derby Downs DR, Austin TX 78747

Reviewing the most recent comparable transactions, this home's market value falls around $272,277. For a well positioned listing in SHELDON, I'd target the $264,000 to $280,000 range. With 5 comparable homes on the market in SHELDON, this price positions the property as the most affordable of 5 comparable homes on the market. The smaller floor plan (526 sqft compared to the average comp) is a meaningful differentiator in this price range. With 5 similar homes currently listed in SHELDON (a buyer's market), competition is a factor to consider. Recent trends in SHELDON show home values have risen 0.8% since 6 months ago. The most comparable recent sale is 6212 Bumpstead DR, Austin TX 78747, with an adjusted value of $279,639; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group