Ed's Opinion of Value

$294,500 Ed's Estimate: $762,676 $862,169
Lowest Comp Recommended List: $282,000 to $292,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $762,676. To generate strong buyer interest while maximizing value, I'd price this between $282,000 and $292,000. At this price, the property would be the most expensive of 6 comparable homes on the market comparable homes currently on the market in TRAVIS HEIGHTS. The smaller floor plan (568 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.03 acres, the lot is smaller than the 0.14 acre comp average, which factors into pricing. The active market in TRAVIS HEIGHTS includes 6 comparable homes priced from $279,000 to $749,000. The trend in TRAVIS HEIGHTS shows prices have fallen 7.4% in the past 6 months. 1022 Harwood PL, Austin TX 78704 nearby adjusts to $851,383; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
2 Beds
1 Baths
850 Sq Ft
0.0344 Acres

Location

Property Details

Property Type Residential
County Travis
MLS # 2043482

Listing History

MLS# 2043482 60 days
Oct 15, 2010 Off Market
Jul 9, 2010 Listed $319,000

Frequently Asked Questions About 1002 Algarita, Austin TX 78704

How much does 1002 Algarita, Austin TX 78704 cost?

1002 Algarita, Austin TX 78704 sold on October 15, 2010. Contact us for sale price details.

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