505 Terrace DR, Austin TX 78704

The comparable sales data (7 recent transactions in BLUE BONNET HILLS) supports an estimated value of $617,712. The data suggests a list price between $296,000 and $306,000 would attract qualified buyers without leaving money on the table. This home's position in the current BLUE BONNET HILLS market: the most expensive of 7 comparable homes on the market among comparable properties. Being built in 1960 (6 years newer than comps) is factored into the value estimate. Lot size matters here: 0.15 acres versus 0.09 for the typical comp. Right now, 7 similar properties are competing for buyers in BLUE BONNET HILLS, listed between $265,000 and $875,000. Prices in BLUE BONNET HILLS have risen 126.4% over the last 6 months. A similar home at 516 Lockhart DR, Austin TX 78704 carries an adjusted comparable value of $790,156, 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