2306 Fortune DR, Austin TX 78704

The market data from 5 similar recent sales in FORTUNE ESTATES points to a value of approximately $3,161,048. To sell within a reasonable timeframe at fair market value, the $2,790,000 to $2,800,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in FORTUNE ESTATES. At 1,459 sqft larger than the typical comp, the size difference factors into the valuation. At 0.21 acres, the lot is smaller than the 0.28 acre comp average, which factors into pricing. With 4 similar homes currently listed in FORTUNE ESTATES (a buyer's market), competition is a factor to consider. In 78704, home values have fallen approximately 2.8% over the past 6 months. One of the strongest data points is 1701 Bartoncliff DR, Austin TX 78704, adjusting to $3,633,801; with a smaller floor plan and a pool. The 5 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