7 recent sales within half a mile of this address suggest a current value of $525,762. My recommended list price range for this property would be $368,000 to $378,000. Against 7 similar active listings in 78722, this price point lands at the 3rd least expensive of 7 comparable homes on the market. This home's larger footprint (174 sqft vs the comp average) plays a role in how the market prices it. Built in 1933, this home is 11 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in 78722, ranging from $350,000 to $720,000. In 78722, home values have fallen approximately 11.5% over the past 6 months. One of the strongest data points is 3713 Robinson Ave, Austin TX 78722, adjusting to $547,672; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group