8105 Turnberry LN, Austin TX 78744

The market data from 7 similar recent sales in ADDISON points to a value of approximately $373,593. To sell within a reasonable timeframe at fair market value, the $437,000 to $523,000 range is where I'd position this. With 4 comparable homes on the market in ADDISON, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. The larger floor plan (106 sqft compared to the average comp) is a meaningful differentiator in this price range. Right now, 4 similar properties are competing for buyers in ADDISON, listed between $325,000 and $545,000. In ADDISON, home values have fallen approximately 0.7% over the past 6 months. One of the strongest data points is 5817 Gerard DR, Austin TX 78744, adjusting to $368,500; a strong comparable. 7 comparable transactions in ADDISON 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