902 Gardner RD # 18, Austin TX 78721

After reviewing 6 recent transactions in TANNEHILL J, I estimate this property's value at $512,423. A competitive list price for this home right now would fall in the $184,000 to $194,000 range. This home's position in the current TANNEHILL J market: the most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (212 sqft compared to the average comp) is a meaningful differentiator in this price range. At 49 years newer than typical comps, the 2009 build date influences the valuation. Current inventory shows 7 comparable homes in TANNEHILL J; a buyer's market based on recent absorption. Prices in 78721 have fallen 14.1% over the last 6 months. A similar home at 903 E 15th ST, Austin TX 78702 carries an adjusted comparable value of $817,069, providing a strong data point. With 6 comparable sales in TANNEHILL J, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group