1115 W 10th ST # 102, Austin TX 78703

Based on 7 closed sales in 78703, the data points to a value around $648,411 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $390,000 to $400,000. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in 78703's current inventory. Being built in 1972 (14 years older than comps) is factored into the value estimate. Lot size matters here: 0.43 acres versus 0.02 for the typical comp. With 7 similar homes currently listed in 78703 (a buyer's market), competition is a factor to consider. Market data shows 78703 prices fallen 9.3% over the last half year. The closest comparable sale, 1101 Shoal Creek BLVD # 2, Austin TX 78701 at an adjusted $554,420, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78703. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group