2204 Thornton RD # 4, Austin TX 78704

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $961,861. I'd recommend coming to market at $1,160,000 to $1,247,000 to strike the right balance between value and market velocity. In the current 78704 market with 6 similar homes available, this price represents the 3rd least expensive of 6 comparable homes on the market. Current inventory shows 6 comparable homes in 78704; a buyer's market based on recent absorption. The trend in 78704 shows prices have fallen 1.4% in the past 6 months. 3115 Clawson RD # 201, Austin TX 78704 nearby adjusts to $799,608; a strong comparable. Based on 7 relevant data points in 78704, 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