1102 Woodland Ave # 2, Austin TX 78704

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $627,738. Pricing this home between $800,000 and $893,000 would put it in the competitive sweet spot for 78704. Relative to what's currently available in 78704, this home would be the most affordable of 3 comparable homes on the market. The smaller lot (0.08 acres versus the area average of 0.11) contributes to the valuation. With 3 similar homes currently listed in 78704 (a buyer's market), competition is a factor to consider. Market data shows 78704 prices fallen 1.2% over the last half year. The closest comparable sale, 1118 Algarita Ave # 1, Austin TX 78704 at an adjusted $538,251, is a strong comparable. The comp data here (3 sales in 78704) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus