1205 W 49 1/2 ST # A, Austin TX 78756

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $799,919. Pricing this home between $547,000 and $557,000 would put it in the competitive sweet spot for 78756. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in 78756's current inventory. This home's smaller footprint (127 sqft vs the comp average) plays a role in how the market prices it. At 6 years newer than typical comps, the 2018 build date influences the valuation. With 7 similar homes currently listed in 78756 (a balanced market), competition is a factor to consider. Market data shows 78756 prices fallen 6.5% over the last half year. The closest comparable sale, 3818 Ridgelea DR # B, Austin TX 78731 at an adjusted $849,487, is with a larger floor plan. With 3 comparable sales in 78756, 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