124 Cumberland # 402, Austin TX 78704

My analysis of 7 comparable properties puts this home's estimated value at $574,350. Based on how the local market is moving, a list price between $481,000 and $491,000 would position this home well. Relative to what's currently available in TOWNS CUMBERLAND, this home would be the 4th most expensive of 7 comparable homes on the market. The smaller lot (0.00 acres versus the area average of 0.10) contributes to the valuation. Right now, 7 similar properties are competing for buyers in TOWNS CUMBERLAND, listed between $469,500 and $749,500. The 6 month price trend in 78704: fallen 4.9%. The best comp here is 801 Post Oak ST, Austin TX 78704 at an adjusted value of $977,866, a strong comparable. With 7 comparable sales in TOWNS CUMBERLAND, 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