11311 Aus Tex Acres LN, Manor TX 78653

The market data from 7 similar recent sales in SANDERS W points to a value of approximately $307,289. To sell within a reasonable timeframe at fair market value, the $320,000 to $324,000 range is where I'd position this. With 4 comparable homes on the market in SANDERS W, this price positions the property as the most expensive of 4 comparable homes on the market. The smaller floor plan (451 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1990 construction puts this home 8 years older than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in SANDERS W; a buyer's market based on recent absorption. In 78653, home values have risen approximately 2% over the past 6 months. One of the strongest data points is 11317 Barns TRL, Austin TX 78754, adjusting to $278,862; a strong comparable. 7 comparable transactions in SANDERS W 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