2001 Tower DR, Austin TX 78703

Taking into account 3 nearby comparable sales, this property's estimated value comes to $1,172,677. If we were to list this property today, I'd recommend a list price in the $823,000 to $833,000 range. This would position the home competitively among 5 active listings in 78703. At 151 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1999 (7 years older than comps) is factored into the value estimate. Current inventory shows 5 comparable homes in 78703; a buyer's market based on recent absorption. The 6 month price trend in 78703: fallen 9.3%. The best comp here is 2112 W 11th ST, Austin TX 78703 at an adjusted value of $1,214,785, a strong comparable. The strength of this estimate comes from 3 directly comparable sales in 78703. 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