1223 Eleanor ST, Austin TX 78721

After reviewing 6 recent transactions in LINCOLN GARDENS, I estimate this property's value at $546,605. A competitive list price for this home right now would fall in the $570,000 to $595,000 range. Relative to what's currently available in LINCOLN GARDENS, this home would be the 2nd most expensive of 3 comparable homes on the market. At 5 years older than typical comps, the 2004 build date influences the valuation. The larger lot (0.16 acres versus the area average of 0.12) contributes to the valuation. 3 similar homes are currently available in LINCOLN GARDENS, creating a buyer's market for this price range. Prices in 78721 have risen 11.1% over the last 6 months. A similar home at 1206 Eleanor ST, Austin TX 78721 carries an adjusted comparable value of $475,794, providing a strong data point. With 6 comparable sales in LINCOLN GARDENS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group