1607 BARNEY DR, Austin TX 78734

My analysis of 7 comparable properties puts this home's estimated value at $549,325. Based on how the local market is moving, a list price between $299,000 and $309,000 would position this home well. This home's position in the current 78734 market: the 4th most expensive of 7 comparable homes on the market among comparable properties. The larger lot (1.55 acres versus the area average of 0.39) contributes to the valuation. Current inventory shows 7 comparable homes in 78734; a buyer's market based on recent absorption. The 6 month price trend in 78734: fallen 10.7%. The best comp here is 2012 Indian Creek RD, Austin TX 78734 at an adjusted value of $552,107, a strong comparable. The comp data here (7 sales in 78734) 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