1101 Shoal Creek BLVD # 2, Austin TX 78701

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $892,603. Pricing this home between $461,000 and $471,000 would put it in the competitive sweet spot for TERRACE. This would position the home competitively among 3 active listings in TERRACE. At 24 years older than typical comps, the 1961 build date influences the valuation. Current inventory shows 3 comparable homes in TERRACE; a buyer's market based on recent absorption. Market data shows 78701 prices fallen 20.9% over the last half year. The closest comparable sale, 1122 Colorado ST # 1507, Austin TX 78701 at an adjusted $597,783, is a strong comparable. With 7 comparable sales in TERRACE, 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