2804 Edgewater DR, Austin TX 78733

My analysis of 7 comparable properties puts this home's estimated value at $556,332. Based on how the local market is moving, a list price between $598,000 and $656,000 would position this home well. Buyers shopping in 78733 right now would see this as a well positioned option among 0 comparable homes. At 24 years older than typical comps, the 1950 build date influences the valuation. The smaller lot (0.28 acres versus the area average of 0.35) contributes to the valuation. The 6 month price trend in 78733: fallen 12.3%. The best comp here is 9703 Saugus LN, Austin TX 78733 at an adjusted value of $655,863, with a smaller floor plan. With 7 comparable sales in 78733, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group