1308 Elton LN, Austin TX 78703

The comparable sales data (3 recent transactions in 78703) supports an estimated value of $1,463,876. The data suggests a list price between $1,030,000 and $1,040,000 would attract qualified buyers without leaving money on the table. This home's position in the current 78703 market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (135 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.27 acres versus 0.16 for the typical comp. With 7 similar homes currently listed in 78703 (a buyer's market), competition is a factor to consider. Prices in 78703 have fallen 9.4% over the last 6 months. A similar home at 1503 Mohle DR, Austin TX 78703 carries an adjusted comparable value of $1,517,526, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in 78703. 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