1111 W 9th ST, Austin TX 78703

Reviewing the most recent comparable transactions, this home's market value falls around $1,706,343. For a well positioned listing in RAYMOND, I'd target the $828,000 to $838,000 range. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in RAYMOND. The 1910 construction puts this home 82 years older than the comp average, a factor in the pricing. At 0.20 acres, the lot is larger than the 0.08 acre comp average, which factors into pricing. With 7 similar homes currently listed in RAYMOND (a buyer's market), competition is a factor to consider. Recent trends in 78703 show home values have fallen 8.5% since 6 months ago. The most comparable recent sale is 1117 W 9th ST, Austin TX 78703, with an adjusted value of $1,645,752; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group