After reviewing 6 recent transactions in BOULDIN SOUTH EXT, I estimate this property's value at $1,412,772. A competitive list price for this home right now would fall in the $1,623,000 to $1,649,000 range. This would position the home competitively among 3 active listings in BOULDIN SOUTH EXT. At 5 years older than typical comps, the 2007 build date influences the valuation. The active market in BOULDIN SOUTH EXT includes 3 comparable homes priced from $1,400,000 to $1,950,000. Prices in 78704 have fallen 3.1% over the last 6 months. A similar home at 902 W Live Oak ST, Austin TX 78704 carries an adjusted comparable value of $1,123,889, providing a strong data point. With 6 comparable sales in BOULDIN SOUTH EXT, 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
