1211 Marshall LN # B, Austin TX 78703

Reviewing the most recent comparable transactions, this home's market value falls around $1,602,105. For a well positioned listing in 78703, I'd target the $916,000 to $926,000 range. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in 78703. The 2007 construction puts this home 11 years older than the comp average, a factor in the pricing. At 0.10 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in 78703, ranging from $925,000 to $2,481,000. Recent trends in 78703 show home values have fallen 16.5% since 6 months ago. The most comparable recent sale is 1010 W 10th ST # 102, Austin TX 78703, with an adjusted value of $914,546; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group