124 Cumberland RD # 101, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $420,088. To generate strong buyer interest while maximizing value, I'd price this between $639,000 and $641,000. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in TOWNS. At 0.05 acres, the lot is smaller than the 0.08 acre comp average, which factors into pricing. The active market in TOWNS includes 7 comparable homes priced from $460,000 to $835,000. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 2804 S 1st ST # 1112, Austin TX 78704 nearby adjusts to $481,621; a strong comparable. 3 comparable transactions in TOWNS 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