1107 Reagan TER, Austin TX 78704

The estimated value of this property is $884,278, based on 4 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $639,000 and $649,000. In the current TRAVIS HEIGHTS market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. The smaller floor plan (109 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.19 acre lot (larger than the 0.16 acre average) is reflected in the estimate. 4 similar homes are currently available in TRAVIS HEIGHTS, creating a buyer's market for this price range. Recent trends in TRAVIS HEIGHTS show home values have fallen 10% since 6 months ago. The most comparable recent sale is 2003 Kenwood Ave, Austin TX 78704, with an adjusted value of $957,079; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group