7715 Elderberry DR, Austin TX 78745

The estimated value of this property is $422,313, based on 4 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $254,000 and $264,000. With 3 comparable homes on the market in BEACONRIDGE, this price positions the property as the most expensive of 3 comparable homes on the market. The 122 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.41 acre lot (larger than the 0.25 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in BEACONRIDGE; a seller's market based on recent absorption. Recent trends in BEACONRIDGE show home values have fallen 1% since 6 months ago. The most comparable recent sale is 415 Baldridge DR, Austin TX 78748, with an adjusted value of $349,598; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group