2305 Barton Creek BLVD # 27, Austin TX 78735

The market data from 3 similar recent sales in FAIRWAYS points to a value of approximately $689,062. To sell within a reasonable timeframe at fair market value, the $668,000 to $710,000 range is where I'd position this. At this price, the property would be the most affordable of 5 comparable homes on the market comparable homes currently on the market in FAIRWAYS. The 1998 construction puts this home 8 years older than the comp average, a factor in the pricing. At 0.50 acres, the lot is smaller than the 0.55 acre comp average, which factors into pricing. Right now, 5 similar properties are competing for buyers in FAIRWAYS, listed between $699,000 and $1,599,999. In 78735, home values have fallen approximately 4.8% over the past 6 months. One of the strongest data points is 7800 Southwest PKWY # 510, Austin TX 78735, adjusting to $683,277; 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