800 Embassy DR # 608, Austin TX 78702

The estimated value of this property is $1,981,001, based on 5 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $2,403,000 and $2,406,000. With 7 comparable homes on the market in ROBERTSON HILL, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The 0.02 acre lot (smaller than the 0.10 acre average) is reflected in the estimate. With 7 similar homes currently listed in ROBERTSON HILL (a buyer's market), competition is a factor to consider. Recent trends in 78702 show home values have fallen 7.6% since 6 months ago. The most comparable recent sale is 501 West Ave # 2904, Austin TX 78701, with an adjusted value of $1,753,404; a strong comparable. With 5 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