1811 Exposition BLVD, Austin TX 78703

The estimated value of this property is $2,464,765, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $3,086,000 and $3,228,000. In the current WESTFIELD market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The 279 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1953, this home is 17 years older than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in WESTFIELD; a buyer's market based on recent absorption. Recent trends in WESTFIELD show home values have fallen 33.6% since 6 months ago. The most comparable recent sale is 1904 Meadowbrook DR, Austin TX 78703, with an adjusted value of $3,228,093; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group