1217 Holly ST # B, Austin TX 78702

Based on 7 closed sales in FREE & WILLIAMS, the data points to a value around $606,964 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $472,000 to $482,000. This pricing would rank the home as the most expensive of 4 comparable homes on the market in FREE & WILLIAMS's current inventory. This home's smaller footprint (252 sqft vs the comp average) plays a role in how the market prices it. Being built in 2014 (7 years newer than comps) is factored into the value estimate. Current inventory shows 4 comparable homes in FREE & WILLIAMS; a buyer's market based on recent absorption. Market data shows 78702 prices fallen 3.3% over the last half year. The closest comparable sale, 1501 E 4th ST # 206, Austin TX 78702 at an adjusted $455,472, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in FREE & WILLIAMS. 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