111 Adam L Chapa Sr ST, Austin TX 78702

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $641,227. I'd recommend coming to market at $323,000 to $333,000 to strike the right balance between value and market velocity. Against 4 similar active listings in FAIR GROUNDS, this price point lands at the most expensive of 4 comparable homes on the market. Being 999 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1939, this home is 19 years older than the average comp, which is reflected in the adjustments. Right now, 4 similar properties are competing for buyers in FAIR GROUNDS, listed between $335,000 and $899,000. The trend in 78702 shows prices have risen 1.1% in the past 6 months. 2208 Canterbury ST, Austin TX 78702 nearby adjusts to $521,250; with a larger floor plan. Based on 7 relevant data points in FAIR GROUNDS, 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