1117 Prospect Ave, Austin TX 78702

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,101,878. I'd recommend coming to market at $1,126,000 to $1,145,000 to strike the right balance between value and market velocity. In the current CENTRAL EAST AUSTIN market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. The 112 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a standout feature, with 4 of 6 comparable homes not offering one. 4 similar homes are currently available in CENTRAL EAST AUSTIN, creating a buyer's market for this price range. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 2211 New York Ave # A, Austin TX 78702 nearby adjusts to $900,142; with a smaller floor plan and no pool. With 6 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