Reviewing the most recent comparable transactions, this home's market value falls around $454,514. For a well positioned listing in 78748, I'd target the $444,000 to $498,000 range. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in 78748. Right now, 3 similar properties are competing for buyers in 78748, listed between $399,999 and $429,000. Recent trends in 78748 show home values have fallen 1.4% since 6 months ago. The most comparable recent sale is 12421 Black Hills DR, Austin TX 78748, with an adjusted value of $422,077; 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
