1405 Rabb RD, Austin TX 78704

The estimated value of this property is $904,380, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $656,000 and $666,000. Among the similar homes currently available in 78704, this price point stands out as competitive. The 139 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1942, this home is 18 years older than the average comp, which is reflected in the adjustments. The active market in 78704 includes 7 comparable homes priced from $649,000 to $1,400,000. Recent trends in 78704 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 2306 Westoak DR, Austin TX 78704, with an adjusted value of $969,163; a strong comparable. Based on 7 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