4505 Esper LN, Austin TX 78725

Reviewing the most recent comparable transactions, this home's market value falls around $221,866. For a well positioned listing in CHAPARRAL CROSSING, I'd target the $162,000 to $172,000 range. Against 7 similar active listings in CHAPARRAL CROSSING, this price point lands at the 3rd most expensive of 7 comparable homes on the market. At 0.07 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. 7 similar homes are currently available in CHAPARRAL CROSSING, creating a buyer's market for this price range. Recent trends in 78725 show home values have fallen 4.5% since 6 months ago. The most comparable recent sale is 4517 Truth WAY # 412, Austin TX 78725, with an adjusted value of $234,671; a strong comparable. 7 comparable transactions in CHAPARRAL CROSSING 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