4912 Bob Cat RUN, Austin TX 78731

The estimated value of this property is $998,459, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $1,244,000 and $1,252,000. In the current 78731 market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. Built in 1983, this home is 5 years older than the average comp, which is reflected in the adjustments. The 0.07 acre lot (smaller than the 0.24 acre average) is reflected in the estimate. 7 similar homes are currently available in 78731, creating a buyer's market for this price range. Recent trends in 78731 show home values have fallen 14.4% since 6 months ago. The most comparable recent sale is 6302 Gato PATH, Austin TX 78731, with an adjusted value of $951,314; with a smaller floor plan. 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