1406 W 51st ST, Austin TX 78756

Based on 5 closed sales in SMITH A, the data points to a value around $495,656 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $218,000 to $228,000. This would position the home competitively among 7 active listings in SMITH A. The 110 sqft size difference versus comparable sales is reflected in the adjusted values. Buyers in SMITH A have 7 comparable options right now, with asking prices between $209,000 and $599,000. Market data shows 78756 prices fallen 17.4% over the last half year. The closest comparable sale, 1211 Georgian ST, Austin TX 78756 at an adjusted $494,296, is a strong comparable. The strength of this estimate comes from 5 directly comparable sales in SMITH A. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group