1406 Bouldin Ave, Austin TX 78704

The market data from 7 similar recent sales in CAPITAL HEIGHTS points to a value of approximately $871,338. To sell within a reasonable timeframe at fair market value, the $500,000 to $510,000 range is where I'd position this. Among the similar homes currently available in CAPITAL HEIGHTS, this price point stands out as competitive. The 2001 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 0.10 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in CAPITAL HEIGHTS; a buyer's market based on recent absorption. In 78704, home values have fallen approximately 4.9% over the past 6 months. One of the strongest data points is 801 Post Oak ST, Austin TX 78704, adjusting to $1,025,929; 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