1329 Bonham TER, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,102,956. To generate strong buyer interest while maximizing value, I'd price this between $692,000 and $702,000. In the current TRAVIS HEIGHTS market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. The 1956 construction puts this home 10 years newer than the comp average, a factor in the pricing. At 0.32 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. There are currently 5 similar homes on the market in TRAVIS HEIGHTS, ranging from $719,000 to $1,050,000. The trend in TRAVIS HEIGHTS shows prices have fallen 21.6% in the past 6 months. 1110 Mission RDG, Austin TX 78704 nearby adjusts to $1,178,292; a strong comparable. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group