1728 Bunche RD, Austin TX 78721

After reviewing 3 recent transactions in TRUMAN HEIGHTS, I estimate this property's value at $385,500. A competitive list price for this home right now would fall in the $505,000 to $507,000 range. This home's position in the current TRUMAN HEIGHTS market: the most affordable of 7 comparable homes on the market among comparable properties. The larger floor plan (120 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.00 acres versus the area average of 0.12) contributes to the valuation. With 7 similar homes currently listed in TRUMAN HEIGHTS (a buyer's market), competition is a factor to consider. Prices in TRUMAN HEIGHTS have fallen 52.9% over the last 6 months. A similar home at 1206 Eleanor ST, Austin TX 78721 carries an adjusted comparable value of $412,666, providing a strong data point. The comp data here (3 sales in TRUMAN HEIGHTS) 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