1320 Robert Browning ST # 304, Austin TX 78723

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $520,946. Pricing this home between $366,000 and $376,000 would put it in the competitive sweet spot for 78723. Relative to what's currently available in 78723, this home would be the 3rd least expensive of 7 comparable homes on the market. At 46 years newer than typical comps, the 2010 build date influences the valuation. The larger lot (0.29 acres versus the area average of 0.16) contributes to the valuation. With 7 similar homes currently listed in 78723 (a buyer's market), competition is a factor to consider. Market data shows 78723 prices fallen 10.8% over the last half year. The closest comparable sale, 1808 E 38 1/2 ST, Austin TX 78722 at an adjusted $400,491, is a strong comparable. The comp data here (7 sales in 78723) 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