1100 Charlotte ST, Austin TX 78703

The market data from 7 similar recent sales in SILITT points to a value of approximately $707,365. To sell within a reasonable timeframe at fair market value, the $377,000 to $387,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in SILITT. The 1982 construction puts this home 13 years newer than the comp average, a factor in the pricing. At 0.13 acres, the lot is larger than the 0.06 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SILITT; a buyer's market based on recent absorption. In 78703, home values have fallen approximately 2.2% over the past 6 months. One of the strongest data points is 1105 Maufrais ST, Austin TX 78703, adjusting to $792,850; a strong comparable. 7 comparable transactions in SILITT 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