1203 Holly ST, Austin TX 78702

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $894,531. I'd recommend coming to market at $1,075,000 to $1,091,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in FREE & WILLIAMS. This home's larger footprint (563 sqft vs the comp average) plays a role in how the market prices it. Built in 1940, this home is 48 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in FREE & WILLIAMS; a buyer's market based on recent absorption. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 1401 Holly ST # A, Austin TX 78702 nearby adjusts to $955,896; a strong comparable. With 7 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