Ed's Opinion of Value

$541,575 Ed's Estimate: $1,209,734 $1,919,400
Lowest Comp Recommended List: $1,186,000 to $1,234,000 Highest Comp

Listing History

$1,125,000 List Price
$1,213,265 Comp Value
1 Price Reductions

This property was listed at $1,125,000 and withdrawn after 133 days on market. The price was reduced from $1,299,000 to $1,125,000. This listing activity factors into the valuation.

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,209,734. I'd recommend coming to market at $1,186,000 to $1,234,000 to strike the right balance between value and market velocity. In the current 78702 market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Being 811 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2001, this home is 17 years older than the average comp, which is reflected in the adjustments. Based on 7 relevant data points in 78702, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
3 Beds
3 Baths 2 Full, 1 Half
2,850 Sq Ft
1.095 Acres
2001 Built
2 Garage

About This Property

Known as "Dragonfly House", modern haven is perched on the bluff overlooking the Colorado River in East Austin, is a unique WATERFRONT oasis inside the city on 1.095 acres. It is close to everything, but a world apart. Designed & built by award-winning Cottam Hargrave.

Property Highlights

Waterfront River Front

Features

  • High Ceilings
  • Pantry
  • Primary Bedroom on Main
  • Track Lighting
  • Walk-In Closet(s)
  • See Remarks

Location

Schools

School District Austin ISD
Elementary Brooke
Middle School Martin

Property Details

Property Type Residential
Flooring Concrete, Wood, See Remarks
Cooling Central Air
Heating Central
Exterior Private Yard, See Remarks
County Travis
MLS # 3306190

Parking

Garage 2 spaces

Listing History

MLS# 3306190 133 days
Aug 18, 2008 Off Market
Jun 17, 2008 Price Change $1,125,000
Apr 7, 2008 Listed $1,299,000

Frequently Asked Questions About 5005 Red Bluff RD, Austin TX 78702

When was 5005 Red Bluff RD, Austin TX 78702 built?

5005 Red Bluff RD, Austin TX 78702 was built in 2001.

How much does 5005 Red Bluff RD, Austin TX 78702 cost?

5005 Red Bluff RD, Austin TX 78702 is currently off market.

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