1118 Reagan TER, Austin TX 78704

Based on 5 closed sales in TRAVIS HEIGHTS, the data points to a value around $1,069,399 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $545,000 to $555,000. Relative to what's currently available in TRAVIS HEIGHTS, this home would be the most expensive of 5 comparable homes on the market. The larger floor plan (164 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1951 (6 years newer than comps) is factored into the value estimate. With 5 similar homes currently listed in TRAVIS HEIGHTS (a buyer's market), competition is a factor to consider. Market data shows TRAVIS HEIGHTS prices fallen 16.9% over the last half year. The closest comparable sale, 1901 Travis Heights BLVD, Austin TX 78704 at an adjusted $1,097,323, is with a smaller floor plan. This estimate draws on 5 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus