8517 Romney RD, Austin TX 78748

The comparable sales data (7 recent transactions in 78748) supports an estimated value of $408,496. The data suggests a list price between $485,000 and $489,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the most affordable of 3 comparable homes on the market in 78748's current inventory. Lot size matters here: 0.22 acres versus 0.18 for the typical comp. There are currently 3 similar homes on the market in 78748, ranging from $475,000 to $499,999. Prices in 78748 have fallen 5.3% over the last 6 months. A similar home at 405 Tawny DR, Austin TX 78745 carries an adjusted comparable value of $360,795, providing a strong data point. 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