The estimated value of this property is $2,698,738, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $2,310,000 and $2,320,000. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in BOULDIN JAMES. Being 238 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.24 acre lot (larger than the 0.16 acre average) is reflected in the estimate. 5 similar homes are currently available in BOULDIN JAMES, creating a buyer's market for this price range. Recent trends in 78704 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 701 W Elizabeth ST, Austin TX 78704, with an adjusted value of $3,332,233; with a pool. Based on 7 relevant data points in BOULDIN JAMES, 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
