308A TERRACE DR # A, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,206,628. To generate strong buyer interest while maximizing value, I'd price this between $1,044,000 and $1,054,000. In the current BLUE BONNET HILLS market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The larger floor plan (157 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2007 construction puts this home 9 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in BLUE BONNET HILLS (a buyer's market), competition is a factor to consider. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 2118 Glendale PL # 1, Austin TX 78704 nearby adjusts to $901,719; a strong comparable. 5 comparable transactions in BLUE BONNET HILLS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group