8006 Dampton LN, Austin TX 78744

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $378,704. I'd recommend coming to market at $306,000 to $316,000 to strike the right balance between value and market velocity. With 5 comparable homes on the market in ADDISON, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. The larger floor plan (115 sqft compared to the average comp) is a meaningful differentiator in this price range. 5 similar homes are currently available in ADDISON, creating a buyer's market for this price range. The trend in ADDISON shows prices have fallen 7.7% in the past 6 months. 5408 Ingersoll LN, Austin TX 78744 nearby adjusts to $387,308; a strong comparable. Based on 7 relevant data points in ADDISON, 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