517 River RD # B, Austin TX 78734

7 recent sales in the surrounding area of this address suggest a current value of $1,987,126. My recommended list price range for this property would be $891,000 to $901,000. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in 78734. Being 424 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 6.43 acre lot (larger than the 0.88 acre average) is reflected in the estimate. With 7 similar homes currently listed in 78734 (a buyer's market), competition is a factor to consider. In 78734, home values have fallen approximately 10.7% over the past 6 months. One of the strongest data points is 11801 Astoria DR, Bee Cave TX 78738, adjusting to $2,125,326; a strong comparable. Based on 7 relevant data points in 78734, 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