11503 Mayo ST, Austin TX 78748

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $282,010. To generate strong buyer interest while maximizing value, I'd price this between $324,000 and $331,000. In the current CHAPPELL HILL market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The smaller floor plan (190 sqft compared to the average comp) is a meaningful differentiator in this price range. 7 similar homes are currently available in CHAPPELL HILL, creating a buyer's market for this price range. The trend in CHAPPELL HILL shows prices have fallen 13.7% in the past 6 months. 11310 Robert Wooding DR, Austin TX 78748 nearby adjusts to $259,874; with a larger floor plan. 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