8201 Annalise DR, Austin TX 78744

The market data from 5 similar recent sales in ADDISON points to a value of approximately $326,427. To sell within a reasonable timeframe at fair market value, the $405,000 to $417,000 range is where I'd position this. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in ADDISON. The 293 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.00 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in ADDISON, listed between $345,000 and $572,790. In ADDISON, home values have risen approximately 3.3% over the past 6 months. One of the strongest data points is 5613 Gerard DR, Austin TX 78744, adjusting to $306,690; with a smaller floor plan. The 5 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