8809 Chisholm LN, Austin TX 78748

The estimated value of this property is $509,080, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $409,000 and $419,000. With 7 comparable homes on the market in 78748, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. This home's larger footprint (127 sqft vs the comp average) plays a role in how the market prices it. Built in 1972, this home is 33 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in 78748, creating a balanced market for this price range. Recent trends in 78748 show home values have fallen 5.9% since 6 months ago. The most comparable recent sale is 9229 Independence LOOP, Austin TX 78748, with an adjusted value of $667,348; with a smaller 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