2006 Rabb Glen # 2, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $1,015,196. For a well positioned listing in ZILKER, I'd target the $995,000 to $1,035,000 range. Against 7 similar active listings in ZILKER, this price point lands at the most expensive of 7 comparable homes on the market. At 0.25 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. With 7 similar homes currently listed in ZILKER (a buyer's market), competition is a factor to consider. Recent trends in 78704 show home values have fallen 3.5% since 6 months ago. The most comparable recent sale is 801 Post Oak ST, Austin TX 78704, with an adjusted value of $1,089,429; a strong comparable. 7 comparable transactions in ZILKER 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