112 Academy DR, Austin TX 78704

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $2,870,283. I'd recommend coming to market at $2,321,000 to $2,331,000 to strike the right balance between value and market velocity. Among the similar homes currently available in FAIRVIEW PARK, this price point stands out as competitive. At 1,137 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1888, this home is 131 years older than the average comp, which is reflected in the adjustments. The active market in FAIRVIEW PARK includes 7 comparable homes priced from $1,949,900 to $7,900,000. The trend in FAIRVIEW PARK shows prices have fallen 53% in the past 6 months. 1115 Gillespie PL, Austin TX 78704 nearby adjusts to $3,618,218; with a smaller floor plan. Based on 7 relevant data points in FAIRVIEW PARK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX