1006 Maufrais ST, Austin TX 78703

My analysis of 7 comparable properties puts this home's estimated value at $1,901,837. Based on how the local market is moving, a list price between $807,000 and $817,000 would position this home well. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in SHELLEY HEIGHTS's current inventory. This home's smaller footprint (515 sqft vs the comp average) plays a role in how the market prices it. At 11 years older than typical comps, the 1985 build date influences the valuation. Current inventory shows 7 comparable homes in SHELLEY HEIGHTS; a buyer's market based on recent absorption. The 6 month price trend in 78703: risen 2.4%. The best comp here is 1620 W 10th ST, Austin TX 78703 at an adjusted value of $1,611,208, with a larger floor plan. With 7 comparable sales in SHELLEY HEIGHTS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group