My analysis of 7 comparable properties puts this home's estimated value at $705,115. Based on how the local market is moving, a list price between $235,000 and $245,000 would position this home well. Relative to what's currently available in TRAVIS HEIGHTS, this home would be the most expensive of 7 comparable homes on the market. Being 652 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 11 years newer than typical comps, the 1962 build date influences the valuation. The active market in TRAVIS HEIGHTS includes 7 comparable homes priced from $239,500 to $725,000. The 6 month price trend in TRAVIS HEIGHTS: fallen 21.6%. The best comp here is 1507 Alameda DR, Austin TX 78704 at an adjusted value of $641,751, with a larger floor plan. With 7 comparable sales in TRAVIS HEIGHTS, 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