1001 E 3rd ST, Austin TX 78702

The market data from 7 similar recent sales in SHELLEY N points to a value of approximately $870,604. To sell within a reasonable timeframe at fair market value, the $970,000 to $1,005,000 range is where I'd position this. In the current SHELLEY N market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. The larger floor plan (181 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1930 construction puts this home 61 years older than the comp average, a factor in the pricing. The active market in SHELLEY N includes 3 comparable homes priced from $895,000 to $1,349,000. In 78702, home values have fallen approximately 2.2% over the past 6 months. One of the strongest data points is 1610 Garden ST, Austin TX 78702, adjusting to $781,994; a strong comparable. 7 comparable transactions in SHELLEY N 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