1134 Mason Ave, Austin TX 78721

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $372,903. I'd recommend coming to market at $262,000 to $272,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in MASONFIELD, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. Being 224 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.09 acre lot (smaller than the 0.16 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in MASONFIELD, listed between $269,000 and $540,000. The trend in 78721 shows prices have fallen 5% in the past 6 months. 5009 Lott Ave, Austin TX 78721 nearby adjusts to $281,646; a strong comparable. 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