2721 Alsatia, Austin TX 78748

After reviewing 7 recent transactions in 78748, I estimate this property's value at $899,989. A competitive list price for this home right now would fall in the $756,000 to $766,000 range. This pricing would rank the home as the 2nd most expensive of 5 comparable homes on the market in 78748's current inventory. At 163 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (0.55 acres versus the area average of 0.38) contributes to the valuation. Current inventory shows 5 comparable homes in 78748; a balanced market based on recent absorption. Prices in 78748 have fallen 4.3% over the last 6 months. A similar home at 10516 Antelope RUN, Austin TX 78748 carries an adjusted comparable value of $971,158, providing a strong data point. 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