8016 Chervil DR, Austin TX 78759

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $483,679. I'd recommend coming to market at $268,000 to $278,000 to strike the right balance between value and market velocity. Against 7 similar active listings in BALCONES WEST, this price point lands at the most expensive of 7 comparable homes on the market. The smaller floor plan (116 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1972, this home is 7 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in BALCONES WEST, creating a balanced market for this price range. The trend in 78759 shows prices have risen 5.3% in the past 6 months. 6210 Turkey HOLW, Austin TX 78750 nearby adjusts to $513,503; with a larger floor plan. Based on 5 relevant data points in BALCONES WEST, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX