2704 Rock Terrace DR, Austin TX 78704

The estimated value of this property is $1,886,136, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $2,159,000 and $2,162,000. Against 3 similar active listings in BARTON HILLS, this price point lands at the most affordable of 3 comparable homes on the market. Built in 2012, this home is 23 years newer than the average comp, which is reflected in the adjustments. The 0.49 acre lot (larger than the 0.28 acre average) is reflected in the estimate. With 3 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 63.4% since 6 months ago. The most comparable recent sale is 2500 Cedarview DR, Austin TX 78704, with an adjusted value of $2,028,073; with a larger 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