8621 Ipswich Bay DR, Austin TX 78747

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $324,971. I'd recommend coming to market at $360,000 to $404,000 to strike the right balance between value and market velocity. With 5 comparable homes on the market in SHELDON, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. This home's smaller footprint (135 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 5 comparable homes in SHELDON; a buyer's market based on recent absorption. The trend in SHELDON shows prices have risen 0.8% in the past 6 months. 8321 Panadero DR, Austin TX 78747 nearby adjusts to $350,336; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group