7 recent sales within a few blocks of this address suggest a current value of $987,289. My recommended list price range for this property would be $1,151,000 to $1,171,000. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in RECTORS. This home's larger footprint (124 sqft vs the comp average) plays a role in how the market prices it. Built in 1925, this home is 79 years older than the average comp, which is reflected in the adjustments. Buyers in RECTORS have 7 comparable options right now, with asking prices between $949,500 and $1,659,000. In 78702, home values have risen approximately 1.9% over the past 6 months. One of the strongest data points is 903 E 14th ST, Austin TX 78702, adjusting to $1,171,304; a strong comparable. Based on 7 relevant data points in RECTORS, 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
