8721 Panadero DR, Austin TX 78747

My analysis of 5 comparable properties puts this home's estimated value at $298,907. Based on how the local market is moving, a list price between $325,000 and $331,000 would position this home well. This pricing would rank the home as the most affordable of 5 comparable homes on the market in SHELDON's current inventory. The smaller floor plan (259 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.15 acres versus the area average of 0.11) contributes to the valuation. Right now, 5 similar properties are competing for buyers in SHELDON, listed between $310,000 and $375,000. The 6 month price trend in SHELDON: risen 0.8%. The best comp here is 6212 Bumpstead DR, Austin TX 78747 at an adjusted value of $301,350, with a larger floor plan. The comp data here (5 sales in SHELDON) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus