1105 Maufrais ST, Austin TX 78703

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $693,832. I'd recommend coming to market at $552,000 to $562,000 to strike the right balance between value and market velocity. In the current SHELLEY HEIGHTS market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Built in 1937, this home is 33 years older than the average comp, which is reflected in the adjustments. The 0.12 acre lot (larger than the 0.04 acre average) is reflected in the estimate. Buyers in SHELLEY HEIGHTS have 7 comparable options right now, with asking prices between $574,900 and $1,130,000. The trend in 78703 shows prices have fallen 18.1% in the past 6 months. 710 Colorado ST # 3B, Austin TX 78701 nearby adjusts to $623,441; a strong comparable. Based on 7 relevant data points in SHELLEY HEIGHTS, 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