1240 BARTON HILLS DR # 218, Austin TX 78704

Based on 4 closed sales in 78704, the data points to a value around $199,476 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $193,000 to $205,000. This home's position in the current 78704 market: the most affordable of 4 comparable homes on the market among comparable properties. Lot size matters here: 0.00 acres versus 0.04 for the typical comp. Current inventory shows 4 comparable homes in 78704; a buyer's market based on recent absorption. Market data shows 78704 prices fallen 1.8% over the last half year. The closest comparable sale, 2005 Glen Allen ST # 105, Austin TX 78704 at an adjusted $142,897, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in 78704. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group