1605 Cliffside DR, Austin TX 78704

The market data from 7 similar recent sales in BARTON TERRACE points to a value of approximately $1,054,350. To sell within a reasonable timeframe at fair market value, the $1,200,000 to $1,321,000 range is where I'd position this. In the current BARTON TERRACE market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. At 0.30 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in BARTON TERRACE; a buyer's market based on recent absorption. In BARTON TERRACE, home values have risen approximately 84.4% over the past 6 months. One of the strongest data points is 2502 Spring Creek DR, Austin TX 78704, adjusting to $1,168,941; 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