The comparable sales data (4 recent transactions in 78704) supports an estimated value of $817,595. The data suggests a list price between $300,000 and $310,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in 78704, this home would be the most expensive of 7 comparable homes on the market. There are currently 7 similar homes on the market in 78704, ranging from $279,000 to $875,000. Prices in 78704 have fallen 3.8% over the last 6 months. A similar home at 516 Lockhart DR, Austin TX 78704 carries an adjusted comparable value of $728,266, providing a strong data point. The strength of this estimate comes from 4 directly comparable sales in 78704. 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