1117 Garland Ave # A, Austin TX 78721

The estimated value of this property is $373,990, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $183,000 and $193,000. In the current 78721 market with 6 similar homes available, this price represents the most expensive of 6 comparable homes on the market. At 226 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1964, this home is 6 years newer than the average comp, which is reflected in the adjustments. Right now, 6 similar properties are competing for buyers in 78721, listed between $175,000 and $397,500. Recent trends in 78721 show home values have fallen 5% since 6 months ago. The most comparable recent sale is 1140 Richardine Ave, Austin TX 78721, with an adjusted value of $430,265; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group