1014 Bonham TER, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $822,371. For a well positioned listing in TRAVIS HEIGHTS, I'd target the $839,000 to $886,000 range. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in TRAVIS HEIGHTS. At 332 sqft smaller than the typical comp, the size difference factors into the valuation. The 1933 construction puts this home 21 years older than the comp average, a factor in the pricing. There are currently 3 similar homes on the market in TRAVIS HEIGHTS, ranging from $850,000 to $875,000. Recent trends in TRAVIS HEIGHTS show home values have fallen 10% since 6 months ago. The most comparable recent sale is 1022 Harwood PL, Austin TX 78704, with an adjusted value of $899,433; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group