8913 Wiley WAY, Austin TX 78747

After reviewing 7 recent transactions in SHELDON, I estimate this property's value at $282,376. A competitive list price for this home right now would fall in the $274,000 to $291,000 range. This pricing would rank the home as the 3rd most expensive of 5 comparable homes on the market in SHELDON's current inventory. At 659 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.08 acres versus the area average of 0.11) contributes to the valuation. Current inventory shows 5 comparable homes in SHELDON; a buyer's market based on recent absorption. Prices in SHELDON have risen 1.9% over the last 6 months. A similar home at 9016 Bird Brook LN, Austin TX 78747 carries an adjusted comparable value of $293,917, providing a strong data point. With 7 comparable sales in SHELDON, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group