1104 Marcy ST # B, Austin TX 78745

The market data from 7 similar recent sales in BANISTER ACRES points to a value of approximately $792,316. To sell within a reasonable timeframe at fair market value, the $667,000 to $677,000 range is where I'd position this. Against 7 similar active listings in BANISTER ACRES, this price point lands at the 3rd least expensive of 7 comparable homes on the market. Being 135 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.41 acres, the lot is larger than the 0.12 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in BANISTER ACRES, listed between $590,000 and $1,225,000. In 78745, home values have fallen approximately 5.2% over the past 6 months. One of the strongest data points is 802 Philco DR # 1, Austin TX 78745, adjusting to $723,853; a strong comparable. The 7 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