2603 Rae Dell Ave, Austin TX 78704

The estimated value of this property is $1,072,030, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $876,000 and $886,000. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in ELM FOREST. The 0.00 acre lot (smaller than the 0.17 acre average) is reflected in the estimate. With 7 similar homes currently listed in ELM FOREST (a buyer's market), competition is a factor to consider. Recent trends in 78704 show home values have fallen 5.4% since 6 months ago. The most comparable recent sale is 1812 Village Oak CT, Austin TX 78704, with an adjusted value of $751,981; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group