After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $1,653,768. Pricing this home between $1,278,000 and $1,288,000 would put it in the competitive sweet spot for FAIRVIEW PARK. This pricing would rank the home as the 2nd least expensive of 5 comparable homes on the market in FAIRVIEW PARK's current inventory. The 319 sqft size difference versus comparable sales is reflected in the adjusted values. Buyers in FAIRVIEW PARK have 5 comparable options right now, with asking prices between $1,425,000 and $2,825,000. Market data shows 78704 prices fallen 4.9% over the last half year. The closest comparable sale, 1809 Eva ST, Austin TX 78704 at an adjusted $1,571,483, is with a smaller floor plan. The comp data here (4 sales in FAIRVIEW PARK) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus