1305 Waller # A, Austin TX 78702

The market data from 7 similar recent sales in SWEDE HILL points to a value of approximately $883,030. To sell within a reasonable timeframe at fair market value, the $745,000 to $755,000 range is where I'd position this. With 7 comparable homes on the market in SWEDE HILL, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The 2007 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.19 acres, the lot is larger than the 0.13 acre comp average, which factors into pricing. With 7 similar homes currently listed in SWEDE HILL (a buyer's market), competition is a factor to consider. In 78702, home values have fallen approximately 2.2% over the past 6 months. One of the strongest data points is 1193 Angelina ST # B, Austin TX 78702, adjusting to $834,047; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group