1229 Delano ST # 2, Austin TX 78721

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $481,340. I'd recommend coming to market at $472,000 to $491,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in LINCOLN GARDENS. At 100 sqft smaller than the typical comp, the size difference factors into the valuation. With 7 similar homes currently listed in LINCOLN GARDENS (a buyer's market), competition is a factor to consider. The trend in 78721 shows prices have risen 7.8% in the past 6 months. 1206 Eleanor ST, Austin TX 78721 nearby adjusts to $383,400; with a larger floor plan. With 7 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