1215 INKS Ave, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $643,358. For a well positioned listing in MAYES, I'd target the $630,000 to $656,000 range. With 4 comparable homes on the market in MAYES, this price positions the property as the most expensive of 4 comparable homes on the market. The 588 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.00 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in MAYES; a buyer's market based on recent absorption. Recent trends in 78702 show home values have risen 1.5% since 6 months ago. The most comparable recent sale is 1605 W 11th ST, Austin TX 78703, with an adjusted value of $347,585; 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