9701 Swansons Ranch RD, Austin TX 78748

After reviewing 7 recent transactions in 78748, I estimate this property's value at $450,547. A competitive list price for this home right now would fall in the $339,000 to $349,000 range. Relative to what's currently available in 78748, this home would be the 2nd most expensive of 7 comparable homes on the market. At 19 years older than typical comps, the 1968 build date influences the valuation. The larger lot (0.52 acres versus the area average of 0.36) contributes to the valuation. With 7 similar homes currently listed in 78748 (a buyer's market), competition is a factor to consider. Prices in 78748 have fallen 4.1% over the last 6 months. A similar home at 9317 Independence LOOP, Austin TX 78748 carries an adjusted comparable value of $387,176, providing a strong data point. With 7 comparable sales in 78748, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group