1211 S 6th ST, Austin TX 78704

Based on 7 closed sales in SOUTH HEIGHTS, the data points to a value around $720,171 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $253,000 to $263,000. Relative to what's currently available in SOUTH HEIGHTS, this home would be the most expensive of 7 comparable homes on the market. The smaller floor plan (309 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1954 (12 years newer than comps) is factored into the value estimate. With 7 similar homes currently listed in SOUTH HEIGHTS (a buyer's market), competition is a factor to consider. Market data shows SOUTH HEIGHTS prices risen 11.7% over the last half year. The closest comparable sale, 1713 SOUTH 5TH ST, Austin TX 78704 at an adjusted $790,912, is 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