8512 Cumbrae LN, Austin TX 78744

The market data from 7 similar recent sales in ADDISON points to a value of approximately $322,079. To sell within a reasonable timeframe at fair market value, the $358,000 to $385,000 range is where I'd position this. Against 5 similar active listings in ADDISON, this price point lands at the most affordable of 5 comparable homes on the market. This home's smaller footprint (119 sqft vs the comp average) plays a role in how the market prices it. 5 similar homes are currently available in ADDISON, creating a buyer's market for this price range. In ADDISON, home values have fallen approximately 6.8% over the past 6 months. One of the strongest data points is 5309 Ingersoll LN, Austin TX 78744, adjusting to $331,394; 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