1110 W 22 1/2 ST # A, Austin TX 78705

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,896,101. I'd recommend coming to market at $1,253,000 to $1,263,000 to strike the right balance between value and market velocity. Against 7 similar active listings in NOLEN, this price point lands at the 3rd most expensive of 7 comparable homes on the market. This home's larger footprint (513 sqft vs the comp average) plays a role in how the market prices it. Built in 1942, this home is 10 years older than the average comp, which is reflected in the adjustments. Buyers in NOLEN have 7 comparable options right now, with asking prices between $1,275,000 and $2,785,000. The trend in 78705 shows prices have fallen 4.8% in the past 6 months. 3107 Beverly RD, Austin TX 78703 nearby adjusts to $2,359,558; with a larger floor plan. Based on 7 relevant data points in NOLEN, 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