609 Terrell Hill DR, Austin TX 78704

The estimated value of this property is $779,302, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $637,000 and $647,000. In the current LOVELESS market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The smaller floor plan (110 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.23 acre lot (larger than the 0.20 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in LOVELESS; 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 204 Brewster ST, Austin TX 78704, with an adjusted value of $699,667; a strong comparable. With 3 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