2306 Arpdale ST # B, Austin TX 78704

Based on 3 closed sales in RABB VIEW ESTATES, the data points to a value around $860,994 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $715,000 to $725,000. Buyers shopping in RABB VIEW ESTATES right now would see this as a well positioned option among 6 comparable homes. The smaller floor plan (123 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1972 (6 years newer than comps) is factored into the value estimate. Current inventory shows 6 comparable homes in RABB VIEW ESTATES; a buyer's market based on recent absorption. Market data shows 78704 prices fallen 1.1% over the last half year. The closest comparable sale, 2703 Oak Park DR, Austin TX 78704 at an adjusted $997,507, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in RABB VIEW ESTATES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group