716 Cardinal LN # A, Austin TX 78704

After reviewing 7 recent transactions in 78704, I estimate this property's value at $910,769. A competitive list price for this home right now would fall in the $1,272,000 to $1,339,000 range. Buyers shopping in 78704 right now would see this as a well positioned option among 6 comparable homes. The smaller lot (0.00 acres versus the area average of 0.14) contributes to the valuation. With 6 similar homes currently listed in 78704 (a buyer's market), competition is a factor to consider. Prices in 78704 have fallen 3.8% over the last 6 months. A similar home at 3100 S 5th ST # 1, Austin TX 78704 carries an adjusted comparable value of $865,824, providing a strong data point. The comp data here (7 sales in 78704) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus