807 Mariposa DR # 2, Austin TX 78704

The estimated value of this property is $1,104,361, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $824,000 and $834,000. With 3 comparable homes on the market in TRAVIS HEIGHTS, this price positions the property as the 0th most expensive of 3 comparable homes on the market. The smaller floor plan (623 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2020, this home is 39 years newer than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in TRAVIS HEIGHTS (a buyer's market), competition is a factor to consider. Recent trends in TRAVIS HEIGHTS show home values have fallen 20.3% since 6 months ago. The most comparable recent sale is 1118 Algarita Ave # 1, Austin TX 78704, with an adjusted value of $609,901; a strong comparable. Based on 7 relevant data points in TRAVIS HEIGHTS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX