1011 Brodie ST # 5, Austin TX 78704

The market data from 3 similar recent sales in BOULDIN CREEK COTTAGES points to a value of approximately $1,010,584. To sell within a reasonable timeframe at fair market value, the $728,000 to $738,000 range is where I'd position this. With 3 comparable homes on the market in BOULDIN CREEK COTTAGES, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. At 273 sqft smaller than the typical comp, the size difference factors into the valuation. The 2001 construction puts this home 8 years older than the comp average, a factor in the pricing. The active market in BOULDIN CREEK COTTAGES includes 3 comparable homes priced from $725,000 to $1,188,000. In 78704, home values have fallen approximately 6% over the past 6 months. One of the strongest data points is 2010 S 2nd ST, Austin TX 78704, adjusting to $911,110; a strong comparable. 3 comparable transactions in BOULDIN CREEK COTTAGES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group