My analysis of 7 comparable properties puts this home's estimated value at $1,052,446. Based on how the local market is moving, a list price between $1,264,000 and $1,271,000 would position this home well. This home's position in the current ROBERTSON GEORGE market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. At 158 sqft larger than the typical comp, the size difference factors into the valuation. At 49 years older than typical comps, the 1950 build date influences the valuation. Right now, 7 similar properties are competing for buyers in ROBERTSON GEORGE, listed between $999,000 and $1,294,950. The 6 month price trend in 78702: fallen 5.2%. The best comp here is 1175 Navasota ST # 1, Austin TX 78702 at an adjusted value of $1,263,551, with a smaller floor plan. With 7 comparable sales in ROBERTSON GEORGE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
