1001 Edgecliff TER, Austin TX 78704

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,341,271. I'd recommend coming to market at $946,000 to $956,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in TRAVIS HEIGHTS, this price positions the property as the most expensive of 3 comparable homes on the market. The 561 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1936, this home is 20 years older than the average comp, which is reflected in the adjustments. 3 similar homes are currently available in TRAVIS HEIGHTS, creating a buyer's market for this price range. The trend in TRAVIS HEIGHTS shows prices have fallen 21.6% in the past 6 months. 1800 Alta Vista Ave, Austin TX 78704 nearby adjusts to $1,196,621; with a smaller floor plan. Based on 7 relevant data points in TRAVIS HEIGHTS, 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