1112 ALGARITA, Austin TX 78704

The estimated value of this property is $1,200,383, based on 4 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $1,176,000 and $1,224,000. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in 78704. At 176 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2004, this home is 10 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in 78704, listed between $495,999 and $1,999,500. Recent trends in 78704 show home values have fallen 3.4% since 6 months ago. The most comparable recent sale is 1711 Kenwood Ave, Austin TX 78704, with an adjusted value of $1,180,575; with a larger floor plan. 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