2014 Arpdale ST # B, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $1,047,188. For a well positioned listing in 78704, I'd target the $1,090,000 to $1,228,000 range. Against 7 similar active listings in 78704, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The 2008 construction puts this home 44 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in 78704; a buyer's market based on recent absorption. Recent trends in 78704 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 2322 Westoak DR, Austin TX 78704, with an adjusted value of $1,090,289; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group