1106 W 22nd ST # 5, Austin TX 78705

This home was listed at $229,000 and was on the market for 98 days before expiring. Based on comparable sales, the market data suggests a value closer to $221,669. Here are some factors that may have played a role: After 98 days on market, buyer interest typically drops, and listings can become "stale" in buyer perception. At $528/sqft, the asking price was 46% above the area median, though there may have been upgrades or features not captured in the data. Built in 1974, this home may have faced competition from newer construction in the area priced similarly. The smaller floor plan (158 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1974 construction puts this home 5 years older than the comp average, a factor in the pricing. 7 comparable transactions in P J LAWLESS DIVISION 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