210 LEE BARTON DR # 408, Austin TX 78704

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,561,707. I'd recommend coming to market at $948,000 to $958,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 6 comparable homes on the market comparable homes currently on the market in BRIDGES. At 134 sqft larger than the typical comp, the size difference factors into the valuation. The 0.01 acre lot (smaller than the 0.05 acre average) is reflected in the estimate. With 6 similar homes currently listed in BRIDGES (a buyer's market), competition is a factor to consider. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 800 W 5th ST # 705, Austin TX 78703 nearby adjusts to $781,949; with a smaller floor plan. Based on 7 relevant data points in BRIDGES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX