115 Havana ST # B, Austin TX 78704

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $426,221. I'd recommend coming to market at $418,000 to $435,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in 78704, this price positions the property as the most expensive of 3 comparable homes on the market. This home's larger footprint (123 sqft vs the comp average) plays a role in how the market prices it. Built in 2008, this home is 6 years older than the average comp, which is reflected in the adjustments. 3 similar homes are currently available in 78704, creating a buyer's market for this price range. The trend in 78704 shows prices have fallen 1.7% in the past 6 months. 2733 Dulce LN # 602, Austin TX 78704 nearby adjusts to $432,382; a strong comparable. Based on 4 relevant data points in 78704, 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