8604 Sturmer ST, Austin TX 78747

The market data from 7 similar recent sales in SHELDON points to a value of approximately $283,693. To sell within a reasonable timeframe at fair market value, the $292,000 to $313,000 range is where I'd position this. In the current SHELDON market with 6 similar homes available, this price represents the 3rd least expensive of 6 comparable homes on the market. The smaller floor plan (276 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.14 acres, the lot is larger than the 0.11 acre comp average, which factors into pricing. 6 similar homes are currently available in SHELDON, creating a buyer's market for this price range. In SHELDON, home values have risen approximately 2.4% over the past 6 months. One of the strongest data points is 6732 Derby Downs DR, Austin TX 78747, adjusting to $286,346; a strong comparable. 7 comparable transactions in SHELDON 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