1311 Bonham TER, Austin TX 78704

After reviewing 7 recent transactions in TRAVIS HEIGHTS, I estimate this property's value at $1,872,788. A competitive list price for this home right now would fall in the $1,358,000 to $1,368,000 range. This home's position in the current TRAVIS HEIGHTS market: the most expensive of 3 comparable homes on the market among comparable properties. At 25 years newer than typical comps, the 2004 build date influences the valuation. The larger lot (0.27 acres versus the area average of 0.15) contributes to the valuation. 3 similar homes are currently available in TRAVIS HEIGHTS, creating a buyer's market for this price range. Prices in TRAVIS HEIGHTS have fallen 15.7% over the last 6 months. A similar home at 2109 Glendale PL, Austin TX 78704 carries an adjusted comparable value of $1,353,881, providing a strong data point. The comp data here (7 sales in TRAVIS HEIGHTS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus