1116 Northwestern Ave # B, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $400,524. To generate strong buyer interest while maximizing value, I'd price this between $174,000 and $184,000. Among the similar homes currently available in EAST, this price point stands out as competitive. At 417 sqft smaller than the typical comp, the size difference factors into the valuation. The 2009 construction puts this home 42 years newer than the comp average, a factor in the pricing. 6 similar homes are currently available in EAST, creating a buyer's market for this price range. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 1187 Coleto ST, Austin TX 78702 nearby adjusts to $425,384; 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