506 Terrace DR, Austin TX 78704

The comparable sales data (7 recent transactions in BLUE BONNET HILLS) supports an estimated value of $867,005. The data suggests a list price between $561,000 and $571,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 7 active listings in BLUE BONNET HILLS. At 101 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1930 (16 years older than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in BLUE BONNET HILLS, listed between $499,888 and $849,000. Prices in 78704 have fallen 4.1% over the last 6 months. A similar home at 502 E Mary ST, Austin TX 78704 carries an adjusted comparable value of $1,061,455, 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