1203 GEORGIAN ST, Austin TX 78756

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $333,993. I'd recommend coming to market at $202,000 to $212,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in GEORGIAN TERRACE. Built in 1935, this home is 13 years older than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.15 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in GEORGIAN TERRACE; a balanced market based on recent absorption. The trend in 78756 shows prices have fallen 6.5% in the past 6 months. 1414 W 51st ST, Austin TX 78756 nearby adjusts to $365,304; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group