1115 Kinney Ave # 40, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $736,006. To generate strong buyer interest while maximizing value, I'd price this between $615,000 and $625,000. In the current IVY market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. At 0.04 acres, the lot is smaller than the 0.10 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in IVY; a buyer's market based on recent absorption. The trend in 78704 shows prices have risen 0.2% in the past 6 months. 1115 Kinney Ave # 39, Austin TX 78704 nearby adjusts to $654,742; a strong comparable. 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