1120 Fairmount Ave # B, Austin TX 78704

After reviewing 5 recent transactions in TRAVIS HEIGHTS, I estimate this property's value at $943,559. A competitive list price for this home right now would fall in the $1,181,000 to $1,252,000 range. Relative to what's currently available in TRAVIS HEIGHTS, this home would be the 2nd least expensive of 7 comparable homes on the market. The 103 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.00 acres versus the area average of 0.14) contributes to the valuation. With 7 similar homes currently listed in TRAVIS HEIGHTS (a buyer's market), competition is a factor to consider. Prices in TRAVIS HEIGHTS have fallen 21.6% over the last 6 months. A similar home at 2118 Glendale PL # 1, Austin TX 78704 carries an adjusted comparable value of $777,943, providing a strong data point. The comp data here (5 sales in TRAVIS HEIGHTS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus