1115 Kinney Ave # 23, Austin TX 78704

The market data from 7 similar recent sales in IVY points to a value of approximately $612,179. To sell within a reasonable timeframe at fair market value, the $644,000 to $674,000 range is where I'd position this. In the current IVY market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. The 157 sqft size difference versus comparable sales is reflected in the adjusted values. The 2005 construction puts this home 18 years newer than the comp average, a factor in the pricing. 5 similar homes are currently available in IVY, creating a buyer's market for this price range. In 78704, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 1115 Kinney Ave # 6, Austin TX 78704, adjusting to $643,992; with a smaller 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