1201 E 28th ST, Austin TX 78722

The market data from 7 similar recent sales in DANCY points to a value of approximately $625,387. To sell within a reasonable timeframe at fair market value, the $730,000 to $733,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in DANCY. The 1998 construction puts this home 46 years newer than the comp average, a factor in the pricing. At 0.01 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. The active market in DANCY includes 7 comparable homes priced from $550,000 to $919,000. In 78722, home values have fallen approximately 14.3% over the past 6 months. One of the strongest data points is 1712 Giles ST, Austin TX 78722, adjusting to $853,268; 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