605 Peacock # A, Austin TX 78704

The estimated value of this property is $1,087,977, based on 5 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $1,210,000 and $1,222,000. Among the similar homes currently available in 78704, this price point stands out as competitive. The 178 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2008, this home is 7 years older than the average comp, which is reflected in the adjustments. Current inventory shows 4 comparable homes in 78704; a buyer's market based on recent absorption. Recent trends in 78704 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 607 Terrell Hill DR # B, Austin TX 78704, with an adjusted value of $1,104,850; a strong comparable. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group