1011 Brodie ST # 27, Austin TX 78704

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $830,325. I'd recommend coming to market at $514,000 to $524,000 to strike the right balance between value and market velocity. Against 4 similar active listings in 78704, this price point lands at the most expensive of 4 comparable homes on the market. Built in 2000, this home is 16 years newer than the average comp, which is reflected in the adjustments. With 4 similar homes currently listed in 78704 (a buyer's market), competition is a factor to consider. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 1600 S 1st ST # 219, Austin TX 78704 nearby adjusts to $696,073; a strong comparable. Based on 7 relevant data points in 78704, 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