8501 Capitol View DR, Austin TX 78747

The estimated value of this property is $409,561, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $333,000 and $343,000. In the current SHELDON market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. Being 289 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.30 acre lot (larger than the 0.17 acre average) is reflected in the estimate. The active market in SHELDON includes 5 comparable homes priced from $370,000 to $658,635. Recent trends in SHELDON show home values have risen 0.8% since 6 months ago. The most comparable recent sale is 8724 Panadero DR, Austin TX 78747, with an adjusted value of $404,728; with a larger floor plan. Based on 3 relevant data points in SHELDON, 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