1106 Bluebonnet LN, Austin TX 78704

The estimated value of this property is $2,025,918, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $2,845,000 and $3,064,000. Against 7 similar active listings in SOUTH LUND PARK, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The larger floor plan (1,869 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a standout feature, with 5 of 7 comparable homes not offering one. With 7 similar homes currently listed in SOUTH LUND PARK (a balanced market), competition is a factor to consider. Recent trends in SOUTH LUND PARK show home values have fallen 28.8% since 6 months ago. The most comparable recent sale is 902 Bluebonnet LN, Austin TX 78704, with an adjusted value of $2,537,199; with a smaller floor plan and no pool. Based on 7 relevant data points in SOUTH LUND PARK, 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