Ed's Opinion of Value

$508,086 Ed's Estimate: $617,347 $1,225,000
Lowest Comp Recommended List: $794,000 to $798,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $617,347. To generate strong buyer interest while maximizing value, I'd price this between $794,000 and $798,000. With 7 comparable homes on the market in BANISTER ACRES, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The smaller floor plan (147 sqft compared to the average comp) is a meaningful differentiator in this price range. 7 similar homes are currently available in BANISTER ACRES, creating a buyer's market for this price range. The trend in BANISTER ACRES shows prices have fallen 58.1% in the past 6 months. 4425 Jinx Ave # 1, Austin TX 78745 nearby adjusts to $623,964; with a larger floor plan. 5 comparable transactions in BANISTER ACRES 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
3 Beds
3 Baths
2,040 Sq Ft
0.2285 Acres

Location

Property Details

Property Type Residential
County Travis
MLS # 1565925

Listing History

MLS# 1565925 50 days
Jul 20, 2020 Off Market
Apr 19, 2020 Listed $619,900

Frequently Asked Questions About 1104 Marcy ST, Austin TX 78745

How much does 1104 Marcy ST, Austin TX 78745 cost?

1104 Marcy ST, Austin TX 78745 sold on July 20, 2020. Contact us for sale price details.

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