1215 INKS Ave, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $296,878. For a well positioned listing in MAYES, I'd target the $439,000 to $473,000 range. With 7 comparable homes on the market in MAYES, this price positions the property as the most affordable of 7 comparable homes on the market. The 1936 construction puts this home 42 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in MAYES; a buyer's market based on recent absorption. Recent trends in 78702 show home values have risen 1.1% since 6 months ago. The most comparable recent sale is 710 Colorado ST # 4G, Austin TX 78701, with an adjusted value of $314,054; a strong comparable. 7 comparable transactions in MAYES 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