1101 Kinney Ave, Austin TX 78704

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $646,527. I'd recommend coming to market at $460,000 to $470,000 to strike the right balance between value and market velocity. 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 78704. Built in 1978, this home is 12 years newer than the average comp, which is reflected in the adjustments. The 0.15 acre lot (smaller than the 0.18 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in 78704, listed between $465,000 and $1,270,000. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 3508 WINFIELD CV, Austin TX 78704 nearby adjusts to $549,879; a strong comparable. Based on 4 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