603 Peacock LN # B, Austin TX 78704

My analysis of 4 comparable properties puts this home's estimated value at $1,306,735. Based on how the local market is moving, a list price between $837,000 and $847,000 would position this home well. This pricing would rank the home as the 2nd most expensive of 4 comparable homes on the market in 78704's current inventory. The larger lot (0.27 acres versus the area average of 0.22) contributes to the valuation. Current inventory shows 4 comparable homes in 78704; a buyer's market based on recent absorption. The 6 month price trend in 78704: fallen 5.7%. The best comp here is 1811 Bluebonnet LN, Austin TX 78704 at an adjusted value of $1,190,222, a strong comparable. With 4 comparable sales in 78704, 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