Based on 7 closed sales in AVERY RANCH EAST, the data points to a value around $539,497 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $529,000 to $550,000. Buyers shopping in AVERY RANCH EAST right now would see this as a well positioned option among 2 comparable homes. This home's smaller footprint (607 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.26 acres versus 0.19 for the typical comp. There are currently 2 similar homes on the market in AVERY RANCH EAST, ranging from $434,999 to $450,000. Market data shows AVERY RANCH EAST prices fallen 6.3% over the last half year. The closest comparable sale, 9209 Meyrick Park TRL, Austin TX 78717 at an adjusted $384,739, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus