11216 Real Quiet DR, Austin TX 78748

Reviewing the most recent comparable transactions, this home's market value falls around $489,724. For a well positioned listing in 78748, I'd target the $323,000 to $333,000 range. With 4 comparable homes on the market in 78748, this price positions the property as the most expensive of 4 comparable homes on the market. At 0.25 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in 78748, listed between $324,900 and $515,000. Recent trends in 78748 show home values have fallen 3% since 6 months ago. The most comparable recent sale is 613 Carismatic LN, Austin TX 78748, with an adjusted value of $546,090; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group