500 Lockhart DR, Austin TX 78704

The comparable sales data (7 recent transactions in BLUE BONNET HILLS) supports an estimated value of $657,545. The data suggests a list price between $556,000 and $566,000 would attract qualified buyers without leaving money on the table. 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 built in 1950 (9 years older than comps) is factored into the value estimate. The active market in BLUE BONNET HILLS includes 3 comparable homes priced from $575,000 to $875,000. Prices in 78704 have fallen 5.2% over the last 6 months. A similar home at 516 Lockhart DR, Austin TX 78704 carries an adjusted comparable value of $838,818, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus