1900 Barton Springs RD # 2030, Austin TX 78704

The market data from 7 similar recent sales in ZILKR points to a value of approximately $370,402. To sell within a reasonable timeframe at fair market value, the $402,000 to $408,000 range is where I'd position this. In the current ZILKR market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. At 0.01 acres, the lot is smaller than the 1.11 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in ZILKR; a buyer's market based on recent absorption. In 78704, home values have fallen approximately 1.2% over the past 6 months. One of the strongest data points is 1900 Barton Springs RD # 5007, Austin TX 78704, adjusting to $357,592; a strong comparable. 7 comparable transactions in ZILKR support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group