1002 Winsted LN, Austin TX 78703

Reviewing the most recent comparable transactions, this home's market value falls around $513,123. For a well positioned listing in ADAMS DAVID, I'd target the $341,000 to $351,000 range. With 7 comparable homes on the market in ADAMS DAVID, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The 1950 construction puts this home 19 years older than the comp average, a factor in the pricing. At 0.12 acres, the lot is larger than the 0.06 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in ADAMS DAVID, ranging from $329,000 to $799,000. Recent trends in 78703 show home values have fallen 9.3% since 6 months ago. The most comparable recent sale is 2113 W 12th ST, Austin TX 78703, with an adjusted value of $689,763; 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