2704 Rock Terrace DR, Austin TX 78704

The estimated value of this property is $1,928,085, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $1,306,000 and $1,316,000. Against 7 similar active listings in BARTON HILLS, this price point lands at the 3rd most expensive of 7 comparable homes on the market. At 223 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2012, this home is 27 years newer than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in BARTON HILLS (a balanced market), competition is a factor to consider. Recent trends in BARTON HILLS show home values have risen 106.4% since 6 months ago. The most comparable recent sale is 1901 Cresthaven DR, Austin TX 78704, with an adjusted value of $1,624,358; with a smaller floor plan. 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