816 Banister LN, Austin TX 78704

After reviewing 7 recent transactions in EIGHT HUNDRED BANISTER PLACE, I estimate this property's value at $342,040. A competitive list price for this home right now would fall in the $150,000 to $160,000 range. This home's position in the current EIGHT HUNDRED BANISTER PLACE market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. At 8 years newer than typical comps, the 1980 build date influences the valuation. The smaller lot (0.05 acres versus the area average of 0.15) contributes to the valuation. There are currently 7 similar homes on the market in EIGHT HUNDRED BANISTER PLACE, ranging from $150,000 to $599,900. Prices in 78704 have fallen 4.7% over the last 6 months. A similar home at 842 BANISTER LN, Austin TX 78704 carries an adjusted comparable value of $239,145, providing a strong data point. The comp data here (7 sales in EIGHT HUNDRED BANISTER PLACE) 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