After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $339,873. Pricing this home between $250,000 and $260,000 would put it in the competitive sweet spot for 78748. Buyers shopping in 78748 right now would see this as a well positioned option among 5 comparable homes. The active market in 78748 includes 5 comparable homes priced from $230,000 to $365,000. Market data shows 78748 prices fallen 4.7% over the last half year. The closest comparable sale, 1909 Coats CIR, Austin TX 78748 at an adjusted $341,790, is a strong comparable. With 7 comparable sales in 78748, 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
