2111 Brackenridge ST # B, Austin TX 78704

After reviewing 3 recent transactions in 78704, I estimate this property's value at $1,128,098. A competitive list price for this home right now would fall in the $1,363,000 to $1,485,000 range. This home's position in the current 78704 market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. This home's smaller footprint (304 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.20 acres versus the area average of 0.16) contributes to the valuation. Current inventory shows 4 comparable homes in 78704; a buyer's market based on recent absorption. Prices in 78704 have fallen 2.8% over the last 6 months. A similar home at 1116 Mariposa DR # D, Austin TX 78704 carries an adjusted comparable value of $889,539, providing a strong data point. With 3 comparable sales in 78704, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group