9017 Ipswich Bay DR, Austin TX 78747

The market data from 4 similar recent sales in SHELDON points to a value of approximately $405,496. To sell within a reasonable timeframe at fair market value, the $393,000 to $418,000 range is where I'd position this. Among the similar homes currently available in SHELDON, this price point stands out as competitive. At 469 sqft larger than the typical comp, the size difference factors into the valuation. The 2006 construction puts this home 7 years older than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in SHELDON; a buyer's market based on recent absorption. In SHELDON, home values have fallen approximately 3.3% over the past 6 months. One of the strongest data points is 8724 Panadero DR, Austin TX 78747, adjusting to $440,461; with a smaller floor plan. 4 comparable transactions in SHELDON support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group