108 W Live Oak ST, Austin TX 78704

The market data from 6 similar recent sales in RICHARDSONS points to a value of approximately $366,144. To sell within a reasonable timeframe at fair market value, the $314,000 to $324,000 range is where I'd position this. With 7 comparable homes on the market in RICHARDSONS, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The smaller floor plan (317 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1938 construction puts this home 42 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in RICHARDSONS, listed between $299,000 and $850,000. In 78704, home values have fallen approximately 1.8% over the past 6 months. One of the strongest data points is 910 Duncan LN # 28, Austin TX 78705, adjusting to $217,807; a strong comparable. The 6 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