9704 Swansons RNCH, Austin TX 78748

After reviewing 7 recent transactions in 78748, I estimate this property's value at $415,519. A competitive list price for this home right now would fall in the $342,000 to $352,000 range. This home's position in the current 78748 market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. At 17 years older than typical comps, the 1973 build date influences the valuation. The larger lot (0.51 acres versus the area average of 0.18) contributes to the valuation. 7 similar homes are currently available in 78748, creating a balanced market for this price range. Prices in 78748 have fallen 3.4% over the last 6 months. A similar home at 8909 Texas Sun DR, Austin TX 78748 carries an adjusted comparable value of $295,158, 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