1307 E M Franklin Ave, Austin TX 78721

The estimated value of this property is $499,426, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $313,000 and $323,000. In the current CREST HAVEN market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. Built in 1930, this home is 58 years older than the average comp, which is reflected in the adjustments. The 0.30 acre lot (larger than the 0.19 acre average) is reflected in the estimate. With 7 similar homes currently listed in CREST HAVEN (a buyer's market), competition is a factor to consider. Recent trends in 78721 show home values have risen 9.4% since 6 months ago. The most comparable recent sale is 1401 Greenwood Ave # 2, Austin TX 78721, with an adjusted value of $438,688; a strong comparable. Based on 7 relevant data points in CREST HAVEN, 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