8307 Turnberry LN, Austin TX 78744

The market data from 6 similar recent sales in ADDISON points to a value of approximately $328,984. To sell within a reasonable timeframe at fair market value, the $387,000 to $400,000 range is where I'd position this. With 7 comparable homes on the market in ADDISON, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 212 sqft size difference versus comparable sales is reflected in the adjusted values. With 7 similar homes currently listed in ADDISON (a buyer's market), competition is a factor to consider. In ADDISON, home values have risen approximately 0.9% over the past 6 months. One of the strongest data points is 8108 Turnberry LN, Austin TX 78744, adjusting to $356,695; a strong comparable. 6 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