2106 Fortview RD, Austin TX 78704

The estimated value of this property is $685,873, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $596,000 and $606,000. Against 3 similar active listings in 78704, this price point lands at the most expensive of 3 comparable homes on the market. Built in 1959, this home is 8 years older than the average comp, which is reflected in the adjustments. The 0.51 acre lot (larger than the 0.21 acre average) is reflected in the estimate. Current inventory shows 3 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 5026 Lansing DR, Austin TX 78745, with an adjusted value of $714,319; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group