1203 W 22 1/2 ST, Austin TX 78705

Based on 5 closed sales in LAWLESS, the data points to a value around $1,155,224 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $829,000 to $839,000. This home's position in the current LAWLESS market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. Being built in 1922 (8 years older than comps) is factored into the value estimate. Buyers in LAWLESS have 7 comparable options right now, with asking prices between $845,000 and $1,625,000. Market data shows 78705 prices risen 3.9% over the last half year. The closest comparable sale, 807 W 30th ST, Austin TX 78705 at an adjusted $1,324,600, is with a smaller floor plan. The strength of this estimate comes from 5 directly comparable sales in LAWLESS. 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