1504 Collier ST # 11, Austin TX 78704

After reviewing 3 recent transactions in 78704, I estimate this property's value at $639,071. A competitive list price for this home right now would fall in the $585,000 to $686,000 range. Relative to what's currently available in 78704, this home would be the most expensive of 3 comparable homes on the market. At 200 sqft larger than the typical comp, the size difference factors into the valuation. At 7 years newer than typical comps, the 2012 build date influences the valuation. With 3 similar homes currently listed in 78704 (a buyer's market), competition is a factor to consider. Prices in 78704 have fallen 3.8% over the last 6 months. A similar home at 2817 Kinney Oaks CT, Austin TX 78704 carries an adjusted comparable value of $732,102, providing a strong data point. The comp data here (3 sales in 78704) 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