1213 Fort Branch BLVD, Austin TX 78721

The estimated value of this property is $283,633, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $172,000 and $182,000. Against 3 similar active listings in LINCOLN GARDENS, this price point lands at the most expensive of 3 comparable homes on the market. Built in 1940, this home is 8 years older than the average comp, which is reflected in the adjustments. The 0.17 acre lot (larger than the 0.12 acre average) is reflected in the estimate. Right now, 3 similar properties are competing for buyers in LINCOLN GARDENS, listed between $199,000 and $290,000. Recent trends in LINCOLN GARDENS show home values have fallen 6.6% since 6 months ago. The most comparable recent sale is 1141 Mansell Ave, Austin TX 78721, with an adjusted value of $396,979; a strong comparable. With 3 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