1004 E 49th ST, Austin TX 78751

Reviewing the most recent comparable transactions, this home's market value falls around $847,502. For a well positioned listing in MASSEY R, I'd target the $683,000 to $693,000 range. Against 7 similar active listings in MASSEY R, this price point lands at the most expensive of 7 comparable homes on the market. The 2000 construction puts this home 44 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in MASSEY R; a buyer's market based on recent absorption. Recent trends in 78751 show home values have fallen 4.1% since 6 months ago. The most comparable recent sale is 919 Gene Johnson ST, Austin TX 78751, with an adjusted value of $822,702; with a smaller floor plan. 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