500 Leland ST, Austin TX 78704

Taking into account 4 nearby comparable sales, this property's estimated value comes to $1,737,252. If we were to list this property today, I'd recommend a list price in the $1,409,000 to $1,419,000 range. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in BLUE BONNET HILLS's current inventory. Being 178 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 2008 (7 years older than comps) is factored into the value estimate. Right now, 3 similar properties are competing for buyers in BLUE BONNET HILLS, listed between $1,475,000 and $2,950,000. The 6 month price trend in 78704: fallen 5.2%. The best comp here is 1809 Eva ST, Austin TX 78704 at an adjusted value of $1,642,905, with a smaller floor plan. The strength of this estimate comes from 4 directly comparable sales in BLUE BONNET HILLS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group