707 Spofford ST, Austin TX 78704

The estimated value of this property is $1,632,243, based on 4 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $971,000 and $981,000. With 7 comparable homes on the market in SOUTH LUND PARK, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The 0.30 acre lot (larger than the 0.22 acre average) is reflected in the estimate. The active market in SOUTH LUND PARK includes 7 comparable homes priced from $899,000 to $2,349,000. Recent trends in SOUTH LUND PARK show home values have fallen 28.8% since 6 months ago. The most comparable recent sale is 902 Bluebonnet LN, Austin TX 78704, with an adjusted value of $2,186,540; with a larger floor plan. With 4 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