8005 Peaceful Hill LN, Austin TX 78748

Reviewing the most recent comparable transactions, this home's market value falls around $456,085. For a well positioned listing in 78748, I'd target the $340,000 to $350,000 range. Against 7 similar active listings in 78748, this price point lands at the most expensive of 7 comparable homes on the market. The 1960 construction puts this home 52 years older than the comp average, a factor in the pricing. At 1.39 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. Buyers in 78748 have 7 comparable options right now, with asking prices between $325,000 and $524,990. Recent trends in 78748 show home values have fallen 3.3% since 6 months ago. The most comparable recent sale is 9401 Margaret Jewel LN, Austin TX 78748, with an adjusted value of $407,302; a strong comparable. 7 comparable transactions in 78748 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