1105 Brass ST, Austin TX 78702

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $582,317. I'd recommend coming to market at $759,000 to $771,000 to strike the right balance between value and market velocity. In the current BURATTI & CHERICO market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. This home's smaller footprint (141 sqft vs the comp average) plays a role in how the market prices it. Built in 1968, this home is 45 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in BURATTI & CHERICO; a buyer's market based on recent absorption. The trend in 78702 shows prices have fallen 0.4% in the past 6 months. 1106 Fiesta ST, Austin TX 78702 nearby adjusts to $633,672; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group