2500 Rae Dell Ave, Austin TX 78704

Based on 4 closed sales in RABB INWOOD HILLS, the data points to a value around $844,381 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $670,000 to $680,000. Buyers shopping in RABB INWOOD HILLS right now would see this as a well positioned option among 3 comparable homes. Being 202 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1950 (8 years older than comps) is factored into the value estimate. Buyers in RABB INWOOD HILLS have 3 comparable options right now, with asking prices between $649,000 and $1,400,000. Market data shows 78704 prices fallen 3.8% over the last half year. The closest comparable sale, 2306 Westoak DR, Austin TX 78704 at an adjusted $883,573, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in RABB INWOOD HILLS. 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