8518 Cornwall, Austin TX 78748

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $294,947. Pricing this home between $328,000 and $334,000 would put it in the competitive sweet spot for 78748. This home's position in the current 78748 market: the most affordable of 5 comparable homes on the market among comparable properties. The smaller lot (0.00 acres versus the area average of 0.18) contributes to the valuation. With 5 similar homes currently listed in 78748 (a balanced market), competition is a factor to consider. Market data shows 78748 prices fallen 4.7% over the last half year. The closest comparable sale, 8501 Palace PKWY, Austin TX 78748 at an adjusted $280,873, is a strong comparable. The comp data here (4 sales in 78748) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus