1101 Chipmunk RD, Austin TX 78734

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $222,293. I'd recommend coming to market at $258,000 to $268,000 to strike the right balance between value and market velocity. Among the similar homes currently available in TRAVIS SOUTHWEST, this price point stands out as competitive. This home's smaller footprint (417 sqft vs the comp average) plays a role in how the market prices it. Built in 1983, this home is 5 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 5 comparable homes in TRAVIS SOUTHWEST; a buyer's market based on recent absorption. The trend in 78734 shows prices have fallen 10.7% in the past 6 months. 15102 Iowa ST, Austin TX 78734 nearby adjusts to $146,585; with a larger floor plan. 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