8720 Chalk Knoll DR, Austin TX 78735

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $2,859,094. I'd recommend coming to market at $3,532,000 to $3,738,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in BARTON CREEK ABC MID DEC, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (119 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.64 acre lot (larger than the 0.61 acre average) is reflected in the estimate. Right now, 3 similar properties are competing for buyers in BARTON CREEK ABC MID DEC, listed between $2,890,000 and $4,100,000. The trend in 78735 shows prices have fallen 14.2% in the past 6 months. 1914 Chalk Rock CV, Austin TX 78735 nearby adjusts to $2,192,623; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group