908 Bluebonnet LN, Austin TX 78704

The market data from 7 similar recent sales in SOUTH LUND PARK points to a value of approximately $2,315,892. To sell within a reasonable timeframe at fair market value, the $1,275,000 to $1,285,000 range is where I'd position this. With 7 comparable homes on the market in SOUTH LUND PARK, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The pool is a differentiator here, since 3 of 7 comparable sales didn't include one. The 1956 construction puts this home 45 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in SOUTH LUND PARK, listed between $1,195,000 and $4,450,000. In SOUTH LUND PARK, home values have fallen approximately 28.8% over the past 6 months. One of the strongest data points is 801 Spofford ST, Austin TX 78704, adjusting to $2,958,904; with no pool. 7 comparable transactions in SOUTH LUND PARK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group