110 W 34th ST, Austin TX 78705

The market data from 7 similar recent sales in INMAN HEIGHTS points to a value of approximately $856,252. To sell within a reasonable timeframe at fair market value, the $625,000 to $635,000 range is where I'd position this. In the current INMAN HEIGHTS market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The smaller floor plan (311 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1905 construction puts this home 29 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in INMAN HEIGHTS; a buyer's market based on recent absorption. In 78705, home values have fallen approximately 11.7% over the past 6 months. One of the strongest data points is 704 Texas Ave, Austin TX 78705, adjusting to $1,227,160; a strong comparable. 7 comparable transactions in INMAN HEIGHTS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group