Ed's Opinion of Value

$649,900 Ed's Estimate: $1,095,336 $1,441,628
Lowest Comp Recommended List: $1,073,000 to $1,117,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $1,095,336. For a well positioned listing in 78704, I'd target the $1,073,000 to $1,117,000 range. With 4 comparable homes on the market in 78704, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. Current inventory shows 4 comparable homes in 78704; a buyer's market based on recent absorption. Recent trends in 78704 show home values have fallen 7.9% since 6 months ago. The most comparable recent sale is 2600 Oakhaven DR, Austin TX 78704, with an adjusted value of $1,073,752; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
3 Beds
3 Baths
1,791 Sq Ft
0.294 Acres

Location

Property Details

Property Type Residential
County Travis
MLS # 6205696

Listing History

MLS# 6205696 68 days
Jun 4, 2010 Off Market
Dec 14, 2009 Listed $323,000

Frequently Asked Questions About 2204 Thornton RD # 1, Austin TX 78704

How much does 2204 Thornton RD # 1, Austin TX 78704 cost?

2204 Thornton RD # 1, Austin TX 78704 sold on June 4, 2010. Contact us for sale price details.

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