8704 Sturmer ST, Austin TX 78747

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $275,408. I'd recommend coming to market at $270,000 to $281,000 to strike the right balance between value and market velocity. Among the similar homes currently available in SHELDON, this price point stands out as competitive. At 386 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.14 acre lot (larger than the 0.11 acre average) is reflected in the estimate. Right now, 5 similar properties are competing for buyers in SHELDON, listed between $265,900 and $329,000. The trend in SHELDON shows prices have fallen 2.6% in the past 6 months. 6732 Derby Downs DR, Austin TX 78747 nearby adjusts to $281,419; with a larger floor plan. Based on 7 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