11407 Mayo ST, Austin TX 78748

The market data from 4 similar recent sales in CHAPPELL HILL points to a value of approximately $340,231. To sell within a reasonable timeframe at fair market value, the $330,000 to $350,000 range is where I'd position this. With 4 comparable homes on the market in CHAPPELL HILL, this price positions the property as the most expensive of 4 comparable homes on the market. The 127 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 4 comparable homes in CHAPPELL HILL; a balanced market based on recent absorption. In CHAPPELL HILL, home values have fallen approximately 1.4% over the past 6 months. One of the strongest data points is 11317 Pardoners Tale LN, Austin TX 78748, adjusting to $347,907; a strong comparable. 4 comparable transactions in CHAPPELL HILL 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