1309 S 6th ST, Austin TX 78704

The market data from 6 similar recent sales in SOUTH HEIGHTS points to a value of approximately $1,701,272. To sell within a reasonable timeframe at fair market value, the $1,193,000 to $1,203,000 range is where I'd position this. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in SOUTH HEIGHTS. This home's larger footprint (164 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 7 comparable homes in SOUTH HEIGHTS; a balanced market based on recent absorption. In SOUTH HEIGHTS, home values have risen approximately 38.8% over the past 6 months. One of the strongest data points is 815 W Gibson ST, Austin TX 78704, adjusting to $1,248,396; with a smaller floor plan. The 6 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