507 E MARY ST, Austin TX 78704

My analysis of 7 comparable properties puts this home's estimated value at $649,292. Based on how the local market is moving, a list price between $886,000 and $920,000 would position this home well. This pricing would rank the home as the most affordable of 3 comparable homes on the market in BLUE BONNET HILLS's current inventory. At 35 years older than typical comps, the 1935 build date influences the valuation. The larger lot (0.14 acres versus the area average of 0.11) contributes to the valuation. With 3 similar homes currently listed in BLUE BONNET HILLS (a seller's market), competition is a factor to consider. The 6 month price trend in BLUE BONNET HILLS: risen 153.8%. The best comp here is 516 Lockhart DR, Austin TX 78704 at an adjusted value of $804,559, with a smaller floor plan. With 7 comparable sales in BLUE BONNET HILLS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group