1206 S 3rd ST, Austin TX 78704

Taking into account 7 nearby comparable sales, this property's estimated value comes to $634,944. If we were to list this property today, I'd recommend a list price in the $265,000 to $275,000 range. Relative to what's currently available in SOUTH HEIGHTS, this home would be the 2nd most expensive of 7 comparable homes on the market. This home's smaller footprint (324 sqft vs the comp average) plays a role in how the market prices it. Being built in 1940 (9 years older than comps) is factored into the value estimate. 7 similar homes are currently available in SOUTH HEIGHTS, creating a balanced market for this price range. The 6 month price trend in SOUTH HEIGHTS: risen 2.3%. The best comp here is 1713 SOUTH 5TH ST, Austin TX 78704 at an adjusted value of $715,803, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in SOUTH HEIGHTS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group