2906 Cedarview DR, Austin TX 78704

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,299,690. I'd recommend coming to market at $971,000 to $981,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in BARTON HILLS, this price positions the property as the most expensive of 3 comparable homes on the market. Built in 1959, this home is 5 years older than the average comp, which is reflected in the adjustments. The 0.21 acre lot (smaller than the 0.27 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in BARTON HILLS; a balanced market based on recent absorption. The trend in BARTON HILLS shows prices have risen 47.5% in the past 6 months. 2505 Barton Hills DR, Austin TX 78704 nearby adjusts to $1,024,133; 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