1900 Barton Springs RD # 2009, Austin TX 78704

After reviewing 7 recent transactions in ZILKR, I estimate this property's value at $484,141. A competitive list price for this home right now would fall in the $404,000 to $414,000 range. Relative to what's currently available in ZILKR, this home would be the 3rd least expensive of 7 comparable homes on the market. The smaller lot (0.01 acres versus the area average of 0.81) contributes to the valuation. Current inventory shows 7 comparable homes in ZILKR; a buyer's market based on recent absorption. Prices in 78704 have fallen 2.8% over the last 6 months. A similar home at 1900 Barton Springs RD # 4040, Austin TX 78704 carries an adjusted comparable value of $428,400, providing a strong data point. With 7 comparable sales in ZILKR, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group