After reviewing 6 recent transactions in CHAPPELL HILL, I estimate this property's value at $303,368. A competitive list price for this home right now would fall in the $322,000 to $323,000 range. This home's position in the current CHAPPELL HILL market: the 2nd most expensive of 5 comparable homes on the market among comparable properties. The 104 sqft size difference versus comparable sales is reflected in the adjusted values. There are currently 5 similar homes on the market in CHAPPELL HILL, ranging from $299,000 to $355,000. Prices in CHAPPELL HILL have fallen 13.7% over the last 6 months. A similar home at 11310 Robert Wooding DR, Austin TX 78748 carries an adjusted comparable value of $271,680, providing a strong data point. With 6 comparable sales in CHAPPELL HILL, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
