2301 Bluebonnet LN # 2, Austin TX 78704

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,012,158. I'd recommend coming to market at $736,000 to $746,000 to strike the right balance between value and market velocity. Against 4 similar active listings in 78704, this price point lands at the most expensive of 4 comparable homes on the market. The 0.06 acre lot (smaller than the 0.11 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in 78704; a buyer's market based on recent absorption. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 2301 Bluebonnet LN # 5, Austin TX 78704 nearby adjusts to $890,310; a strong comparable. 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