2308 Fortune DR, Austin TX 78704

The market data from 7 similar recent sales in FORTUNE ESTATES points to a value of approximately $2,358,818. To sell within a reasonable timeframe at fair market value, the $1,063,000 to $1,073,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in FORTUNE ESTATES. This home's larger footprint (182 sqft vs the comp average) plays a role in how the market prices it. The 2005 construction puts this home 30 years newer than the comp average, a factor in the pricing. There are currently 3 similar homes on the market in FORTUNE ESTATES, ranging from $1,150,000 to $2,970,000. In 78704, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 2009 Arthur LN # B, Austin TX 78704, adjusting to $1,189,932; with a smaller floor plan. The 7 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