1240 Barton Hills DR # 219, Austin TX 78704

The estimated value of this property is $292,361, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $287,000 and $298,000. Among the similar homes currently available in 78704, this price point stands out as competitive. At 106 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1969, this home is 9 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. Recent trends in 78704 show home values have fallen 3% since 6 months ago. The most comparable recent sale is 1135 Barton Hills DR # 138, Austin TX 78704, with an adjusted value of $290,229; a strong comparable. Based on 3 relevant data points in 78704, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX