404 W Alpine RD # 15, Austin TX 78704

My analysis of 7 comparable properties puts this home's estimated value at $792,511. Based on how the local market is moving, a list price between $877,000 and $943,000 would position this home well. Buyers shopping in ALPINE AUSTIN right now would see this as a well positioned option among 7 comparable homes. At 203 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (0.07 acres versus the area average of 0.11) contributes to the valuation. Current inventory shows 7 comparable homes in ALPINE AUSTIN; a buyer's market based on recent absorption. The 6 month price trend in 78704: fallen 3.8%. The best comp here is 3707 Birch ST # B, Austin TX 78704 at an adjusted value of $737,840, a strong comparable. With 7 comparable sales in ALPINE AUSTIN, 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