1118 W 7th ST, Austin TX 78703

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $614,089. I'd recommend coming to market at $373,000 to $383,000 to strike the right balance between value and market velocity. Among the similar homes currently available in RAYMOND, this price point stands out as competitive. Built in 1932, this home is 39 years older than the average comp, which is reflected in the adjustments. The 0.20 acre lot (larger than the 0.05 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in RAYMOND, ranging from $349,990 to $995,000. The trend in 78703 shows prices have fallen 9.3% in the past 6 months. 1105 Maufrais ST, Austin TX 78703 nearby adjusts to $706,201; with a larger floor plan. 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