1506 Patterson RD, Austin TX 78733

Reviewing the most recent comparable transactions, this home's market value falls around $1,455,895. For a well positioned listing in BARTON BEND, I'd target the $1,265,000 to $1,275,000 range. In the current BARTON BEND market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. At 2.10 acres, the lot is larger than the 0.35 acre comp average, which factors into pricing. 7 similar homes are currently available in BARTON BEND, creating a buyer's market for this price range. Recent trends in 78733 show home values have fallen 12.3% since 6 months ago. The most comparable recent sale is 1004 Elder CIR, Austin TX 78733, with an adjusted value of $2,068,673; with a larger floor plan. The 7 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