1105 E 3rd ST, Austin TX 78702

The comparable sales data (7 recent transactions in SHELLEY N) supports an estimated value of $762,940. The data suggests a list price between $877,000 and $884,000 would attract qualified buyers without leaving money on the table. This home's position in the current SHELLEY N market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. Being 138 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1952 (20 years older than comps) is factored into the value estimate. With 3 similar homes currently listed in SHELLEY N (a buyer's market), competition is a factor to consider. Prices in 78702 have fallen 2.2% over the last 6 months. A similar home at 2009 Haskell ST, Austin TX 78702 carries an adjusted comparable value of $876,767, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in SHELLEY N. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group