1407 W 39 1/2 ST # 201, Austin TX 78756

The comparable sales data (7 recent transactions in 78756) supports an estimated value of $267,021. The data suggests a list price between $215,000 and $225,000 would attract qualified buyers without leaving money on the table. This home's position in the current 78756 market: the most expensive of 7 comparable homes on the market among comparable properties. Being built in 1972 (9 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in 78756 (a buyer's market), competition is a factor to consider. Prices in 78756 have fallen 18.4% over the last 6 months. A similar home at 2110 Rio Grande ST # 207, Austin TX 78705 carries an adjusted comparable value of $257,405, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in 78756. 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