1304 Summit ST # 103, Austin TX 78741

The estimated value of this property is $157,244, based on 4 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $153,000 and $162,000. With 4 comparable homes on the market in 78741, this price positions the property as the most expensive of 4 comparable homes on the market. Built in 1968, this home is 13 years older than the average comp, which is reflected in the adjustments. Right now, 4 similar properties are competing for buyers in 78741, listed between $145,000 and $159,900. Recent trends in 78741 show home values have fallen 1.1% since 6 months ago. The most comparable recent sale is 2500 Burleson RD # 321, Austin TX 78741, with an adjusted value of $159,415; a strong comparable. Based on 4 relevant data points in 78741, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX