1106 Marcy ST # B, Austin TX 78745

The estimated value of this property is $641,404, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $446,000 and $456,000. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in BANISTER ACRES. Built in 2016, this home is 18 years newer than the average comp, which is reflected in the adjustments. The 0.43 acre lot (larger than the 0.16 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in BANISTER ACRES; a buyer's market based on recent absorption. Recent trends in 78745 show home values have fallen 5.2% since 6 months ago. The most comparable recent sale is 4405 Jinx Ave # 2, Austin TX 78745, with an adjusted value of $659,584; 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