1204 REAGAN TER, Austin TX 78704

After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $2,700,062. Pricing this home between $2,001,000 and $2,011,000 would put it in the competitive sweet spot for 78704. This home's position in the current 78704 market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. Being 279 sqft larger than the average comparable sale in this area impacts the per square foot value. Having a pool is a plus; 1 of the 6 comps lacked one. The active market in 78704 includes 4 comparable homes priced from $1,995,000 to $2,995,000. Market data shows 78704 prices fallen 6% over the last half year. The closest comparable sale, 508 Leland ST, Austin TX 78704 at an adjusted $2,638,933, is with a smaller floor plan. The comp data here (6 sales in 78704) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus