9208 Sawyer Fay LN, Austin TX 78748

The estimated value of this property is $392,252, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $397,000 and $405,000. In the current RESERVE/SOUTHPARK MDWS market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. Being 130 sqft smaller than the average comparable sale in this area impacts the per square foot value. With 4 similar homes currently listed in RESERVE/SOUTHPARK MDWS (a balanced market), competition is a factor to consider. Recent trends in 78748 show home values have fallen 3.4% since 6 months ago. The most comparable recent sale is 9612 Alex LN, Austin TX 78748, with an adjusted value of $428,202; a strong comparable. With 7 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