1210 EM Franklin Ave, Austin TX 78721

Reviewing the most recent comparable transactions, this home's market value falls around $541,843. For a well positioned listing in ORIGINAL CITY, I'd target the $437,000 to $447,000 range. Against 3 similar active listings in ORIGINAL CITY, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The 2006 construction puts this home 29 years newer than the comp average, a factor in the pricing. At 0.31 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. 3 similar homes are currently available in ORIGINAL CITY, creating a buyer's market for this price range. Recent trends in 78721 show home values have risen 11.2% since 6 months ago. The most comparable recent sale is 1401 Greenwood Ave # 2, Austin TX 78721, with an adjusted value of $549,196; a strong comparable. 7 comparable transactions in ORIGINAL CITY support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group