8616 Panadero DR, Austin TX 78747

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $336,553. I'd recommend coming to market at $278,000 to $288,000 to strike the right balance between value and market velocity. Against 4 similar active listings in SHELDON, this price point lands at the most expensive of 4 comparable homes on the market. Being 154 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2012, this home is 7 years newer than the average comp, which is reflected in the adjustments. With 4 similar homes currently listed in SHELDON (a buyer's market), competition is a factor to consider. The trend in SHELDON shows prices have risen 5% in the past 6 months. 8613 Ipswich Bay DR, Austin TX 78747 nearby adjusts to $327,362; a strong comparable. Based on 6 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