1201 Holly ST, Austin TX 78702

Based on 7 closed sales in FREE & WILLIAMS, the data points to a value around $460,684 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $304,000 to $314,000. Relative to what's currently available in FREE & WILLIAMS, this home would be the most expensive of 5 comparable homes on the market. At 325 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1927 (24 years older than comps) is factored into the value estimate. The active market in FREE & WILLIAMS includes 5 comparable homes priced from $275,000 to $459,000. Market data shows 78702 prices fallen 5.9% over the last half year. The closest comparable sale, 1602 Canterbury ST, Austin TX 78702 at an adjusted $476,025, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in FREE & WILLIAMS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group