1184 1/2 Sol Wilson Ave, Austin TX 78702

This home was listed at $580,000 and was on the market for 42 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $515,591. Here are some factors that may have played a role: The asking price may have been roughly $64,409 above what comparable homes were selling for in this area. The listing had a price reduction during its time on market, which can sometimes affect buyer perception. At $562/sqft, the asking price was 20% above the area median, though there may have been upgrades or features not captured in the data. The 305 sqft size difference versus comparable sales is reflected in the adjusted values. The 1953 construction puts this home 41 years older than the comp average, a factor in the pricing. 7 comparable transactions in HOFHEINZ support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group