506 Lockhart DR, Austin TX 78704

After reviewing 3 recent transactions in BLUE BONNET HILLS, I estimate this property's value at $991,987. A competitive list price for this home right now would fall in the $705,000 to $715,000 range. This home's position in the current BLUE BONNET HILLS market: the most expensive of 7 comparable homes on the market among comparable properties. The active market in BLUE BONNET HILLS includes 7 comparable homes priced from $699,999 to $1,195,000. Prices in 78704 have fallen 4% over the last 6 months. A similar home at 502 E Mary ST, Austin TX 78704 carries an adjusted comparable value of $1,111,851, providing a strong data point. The comp data here (3 sales in BLUE BONNET HILLS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus