2307 Wilke DR, Austin TX 78704

After reviewing 7 recent transactions in 78704, I estimate this property's value at $2,396,023. A competitive list price for this home right now would fall in the $3,345,000 to $3,650,000 range. Buyers shopping in 78704 right now would see this as a well positioned option among 7 comparable homes. At 23 years older than typical comps, the 1997 build date influences the valuation. The smaller lot (0.25 acres versus the area average of 0.34) contributes to the valuation. Right now, 7 similar properties are competing for buyers in 78704, listed between $2,899,000 and $3,995,000. Prices in 78704 have fallen 3.8% over the last 6 months. A similar home at 2411 Wilke DR, Austin TX 78704 carries an adjusted comparable value of $2,733,197, providing a strong data point. With 7 comparable sales in 78704, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group