1204 Claire Ave, Austin TX 78703

My analysis of 4 comparable properties puts this home's estimated value at $3,626,910. Based on how the local market is moving, a list price between $3,132,000 and $3,142,000 would position this home well. Buyers shopping in SHOAL TERRACE right now would see this as a well positioned option among 7 comparable homes. This home's larger footprint (948 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.54 acres versus the area average of 0.37) contributes to the valuation. 7 similar homes are currently available in SHOAL TERRACE, creating a buyer's market for this price range. The 6 month price trend in 78703: fallen 9.3%. The best comp here is 13 Niles RD, Austin TX 78703 at an adjusted value of $5,111,209, with a larger floor plan and a pool. The comp data here (4 sales in SHOAL TERRACE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus