2606 Park View DR, Austin TX 78757

The estimated value of this property is $728,897, based on 4 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $399,000 and $409,000. In the current EDGEWOOD market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. The 782 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1954, this home is 17 years older than the average comp, which is reflected in the adjustments. With 5 similar homes currently listed in EDGEWOOD (a seller's market), competition is a factor to consider. Recent trends in EDGEWOOD show home values have fallen 20.7% since 6 months ago. The most comparable recent sale is 2601 Park View DR, Austin TX 78757, with an adjusted value of $760,633; with a larger floor plan. With 4 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