1119 Blair WAY, Austin TX 78704

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $669,395. I'd recommend coming to market at $656,000 to $683,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in 78704, this price positions the property as the 4th most expensive of 7 comparable homes on the market. This home's larger footprint (148 sqft vs the comp average) plays a role in how the market prices it. Built in 2010, this home is 7 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in 78704 (a buyer's market), competition is a factor to consider. The trend in 78704 shows prices have fallen 7.9% in the past 6 months. 3001 Corbin LN, Austin TX 78704 nearby adjusts to $609,064; with a pool. With 3 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