605 Peacock # C, Austin TX 78704

After reviewing 5 recent transactions in 78704, I estimate this property's value at $1,087,977. A competitive list price for this home right now would fall in the $1,210,000 to $1,222,000 range. Relative to what's currently available in 78704, this home would be the 2nd least expensive of 4 comparable homes on the market. This home's smaller footprint (178 sqft vs the comp average) plays a role in how the market prices it. At 7 years older than typical comps, the 2008 build date influences the valuation. Right now, 4 similar properties are competing for buyers in 78704, listed between $1,060,000 and $1,795,000. Prices in 78704 have fallen 3.8% over the last 6 months. A similar home at 607 Terrell Hill DR # B, Austin TX 78704 carries an adjusted comparable value of $1,104,850, providing a strong data point. With 5 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