2005 Bluebonnet LN # B, Austin TX 78704

My analysis of 7 comparable properties puts this home's estimated value at $990,104. Based on how the local market is moving, a list price between $1,218,000 and $1,228,000 would position this home well. This home's position in the current 78704 market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The larger lot (0.24 acres versus the area average of 0.14) contributes to the valuation. 3 similar homes are currently available in 78704, creating a buyer's market for this price range. The 6 month price trend in 78704: fallen 1.8%. The best comp here is 3001 Del Curto RD # 31, Austin TX 78704 at an adjusted value of $902,372, with a smaller floor plan. With 7 comparable sales in 78704, 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