1112 W 7th ST, Austin TX 78703

Based on 7 closed sales in RAYMOND, the data points to a value around $1,138,950 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,515,000 to $1,604,000. This home's position in the current RAYMOND market: the most affordable of 7 comparable homes on the market among comparable properties. Being built in 1910 (54 years older than comps) is factored into the value estimate. Lot size matters here: 0.20 acres versus 0.14 for the typical comp. Buyers in RAYMOND have 7 comparable options right now, with asking prices between $1,269,000 and $4,900,000. Market data shows 78703 prices fallen 9.3% over the last half year. The closest comparable sale, 1117 W 9th ST, Austin TX 78703 at an adjusted $1,491,660, is with a larger floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus