8717 Chisholm LN, Austin TX 78748

Reviewing the most recent comparable transactions, this home's market value falls around $496,083. For a well positioned listing in 78748, I'd target the $365,000 to $375,000 range. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in 78748. The 1972 construction puts this home 10 years older than the comp average, a factor in the pricing. At 1.28 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in 78748, listed between $359,900 and $899,000. Recent trends in 78748 show home values have fallen 4.3% since 6 months ago. The most comparable recent sale is 9219 Independence LOOP, Austin TX 78748, with an adjusted value of $577,851; 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