803 Cumberland RD # B, Austin TX 78704

Taking into account 7 nearby comparable sales, this property's estimated value comes to $777,604. If we were to list this property today, I'd recommend a list price in the $1,070,000 to $1,078,000 range. This would position the home competitively among 7 active listings in 78704. At 363 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 2006 (8 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in 78704; a buyer's market based on recent absorption. The 6 month price trend in 78704: fallen 3.8%. The best comp here is 604 Cumberland RD, Austin TX 78704 at an adjusted value of $1,030,297, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78704. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group