1900 Barton Springs RD # 2040, Austin TX 78704

After reviewing 6 recent transactions in ZILKR, I estimate this property's value at $397,353. A competitive list price for this home right now would fall in the $417,000 to $437,000 range. Buyers shopping in ZILKR right now would see this as a well positioned option among 3 comparable homes. At 5 years newer than typical comps, the 2015 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.32) contributes to the valuation. There are currently 3 similar homes on the market in ZILKR, ranging from $385,000 to $549,000. Prices in 78704 have fallen 5% over the last 6 months. A similar home at 1900 Barton Springs RD # 4040, Austin TX 78704 carries an adjusted comparable value of $388,920, providing a strong data point. With 6 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