1801 B Ann Arbor Ave, Austin TX 78704

Taking into account 7 nearby comparable sales, this property's estimated value comes to $527,709. If we were to list this property today, I'd recommend a list price in the $360,000 to $370,000 range. This would position the home competitively among 7 active listings in SUN TERRACE. Being built in 2017 (8 years newer than comps) is factored into the value estimate. Lot size matters here: 0.13 acres versus 1.73 for the typical comp. Current inventory shows 7 comparable homes in SUN TERRACE; a buyer's market based on recent absorption. The 6 month price trend in 78704: fallen 3.9%. The best comp here is 2505 Thornton RD # 2208, Austin TX 78704 at an adjusted value of $398,032, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in SUN TERRACE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group