1122 Linden ST # A, Austin TX 78702

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $863,988. I'd recommend coming to market at $722,000 to $732,000 to strike the right balance between value and market velocity. In the current CHERICO market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Being 135 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.21 acre lot (larger than the 0.18 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in CHERICO; a buyer's market based on recent absorption. The trend in 78702 shows prices have fallen 4.7% in the past 6 months. 3003 Kuhlman Ave, Austin TX 78702 nearby adjusts to $1,104,720; with a larger floor plan. With 4 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