1204 39 1/2 STREET W, Austin TX 78756

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $441,130. I'd recommend coming to market at $218,000 to $228,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78756, this price point stands out as competitive. Being 166 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1954, this home is 6 years newer than the average comp, which is reflected in the adjustments. Buyers in 78756 have 7 comparable options right now, with asking prices between $214,900 and $489,900. The trend in 78756 shows prices have fallen 17.5% in the past 6 months. 1310 Harriet CT, Austin TX 78756 nearby adjusts to $359,986; with a larger floor plan. Based on 4 relevant data points in 78756, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX