3704 Garden Villa LN # A, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $608,845. For a well positioned listing in 78704, I'd target the $758,000 to $783,000 range. Against 4 similar active listings in 78704, this price point lands at the 2nd least expensive of 4 comparable homes on the market. This home's larger footprint (118 sqft vs the comp average) plays a role in how the market prices it. The 2006 construction puts this home 8 years older than the comp average, a factor in the pricing. Right now, 4 similar properties are competing for buyers in 78704, listed between $499,950 and $999,000. Recent trends in 78704 show home values have fallen 1.8% since 6 months ago. The most comparable recent sale is 3707 Birch ST # A, Austin TX 78704, with an adjusted value of $615,519; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group