7305 Chisos PASS, Austin TX 78724

Based on 7 closed sales in LAS CIMAS, the data points to a value around $286,599 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $326,000 to $337,000. This home's position in the current LAS CIMAS market: the most affordable of 3 comparable homes on the market among comparable properties. At 151 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.20 acres versus 0.15 for the typical comp. With 3 similar homes currently listed in LAS CIMAS (a buyer's market), competition is a factor to consider. Market data shows 78724 prices risen 6.1% over the last half year. The closest comparable sale, 7514 Uray DR, Austin TX 78724 at an adjusted $336,970, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus