8308 Shenandoah DR, Austin TX 78753

The market data from 7 similar recent sales in 78753 points to a value of approximately $373,275. To sell within a reasonable timeframe at fair market value, the $401,000 to $403,000 range is where I'd position this. Against 3 similar active listings in 78753, this price point lands at the 2nd most expensive of 3 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.22 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in 78753; a buyer's market based on recent absorption. In 78753, home values have fallen approximately 2.4% over the past 6 months. One of the strongest data points is 822 Hermitage DR, Austin TX 78753, adjusting to $366,744; a strong comparable. The 7 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