1100 RobertLee E # 1114, Austin TX 78704

The estimated value of this property is $500,632, based on 3 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $349,000 and $359,000. At this price, the property would be the 2nd most expensive of 6 comparable homes on the market comparable homes currently on the market in 78704. The 0.00 acre lot (smaller than the 0.07 acre average) is reflected in the estimate. Current inventory shows 6 comparable homes in 78704; a buyer's market based on recent absorption. Recent trends in 78704 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 2306 Arpdale ST # A, Austin TX 78704, with an adjusted value of $555,163; a strong comparable. Based on 3 relevant data points in 78704, 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