1147 Nickols Ave, Austin TX 78721

The market data from 7 similar recent sales in EASTFIELD points to a value of approximately $517,248. To sell within a reasonable timeframe at fair market value, the $433,000 to $443,000 range is where I'd position this. In the current EASTFIELD market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The 2007 construction puts this home 31 years newer than the comp average, a factor in the pricing. At 0.13 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. The active market in EASTFIELD includes 3 comparable homes priced from $474,900 to $650,000. In 78721, home values have fallen approximately 5% over the past 6 months. One of the strongest data points is 1406 Webberville RD, Austin TX 78721, adjusting to $381,473; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group