611 Josephine ST, Austin TX 78704

After reviewing 6 recent transactions in BLUFF VIEW, I estimate this property's value at $941,949. A competitive list price for this home right now would fall in the $1,038,000 to $1,134,000 range. This home's position in the current BLUFF VIEW market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The larger lot (0.27 acres versus the area average of 0.19) contributes to the valuation. Current inventory shows 3 comparable homes in BLUFF VIEW; a buyer's market based on recent absorption. Prices in 78704 have fallen 4.7% over the last 6 months. A similar home at 1604 Dywer Ave, Austin TX 78704 carries an adjusted comparable value of $1,263,123, providing a strong data point. With 6 comparable sales in BLUFF VIEW, 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