9307 Independence LOOP, Austin TX 78748

The estimated value of this property is $420,216, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $511,000 and $577,000. With 3 comparable homes on the market in 78748, this price positions the property as the most affordable of 3 comparable homes on the market. At 103 sqft larger than the typical comp, the size difference factors into the valuation. The 0.36 acre lot (larger than the 0.23 acre average) is reflected in the estimate. Buyers in 78748 have 3 comparable options right now, with asking prices between $575,000 and $675,000. Recent trends in 78748 show home values have fallen 5.9% since 6 months ago. The most comparable recent sale is 9317 Independence LOOP, Austin TX 78748, with an adjusted value of $408,623; a strong comparable. Based on 7 relevant data points in 78748, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX