Based on 7 closed sales in BARTON TERRACE, the data points to a value around $860,093 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $834,000 to $886,000. This home's position in the current BARTON TERRACE market: below the only comparable home currently on the market among comparable properties. This home's smaller footprint (235 sqft vs the comp average) plays a role in how the market prices it. Being built in 1965 (7 years older than comps) is factored into the value estimate. The active market in BARTON TERRACE includes 1 comparable homes priced from $1,200,000 to $1,200,000. Market data shows BARTON TERRACE prices risen 9% over the last half year. The closest comparable sale, 2504 Deerfoot TRL, Austin TX 78704 at an adjusted $904,280, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus