1108 W 10th ST # B, Austin TX 78703

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $755,756. I'd recommend coming to market at $553,000 to $563,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in SILLIMAN, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The 0.27 acre lot (larger than the 0.03 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in SILLIMAN; a buyer's market based on recent absorption. The trend in 78703 shows prices have fallen 8% in the past 6 months. 70 Rainey ST # 2907, Austin TX 78701 nearby adjusts to $732,998; a strong comparable. 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