1407 W 9th ST, Austin TX 78703

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $1,812,566. Pricing this home between $2,429,000 and $2,574,000 would put it in the competitive sweet spot for 78703. Relative to what's currently available in 78703, this home would be the most affordable of 7 comparable homes on the market. At 103 years older than typical comps, the 1877 build date influences the valuation. The larger lot (0.29 acres versus the area average of 0.13) contributes to the valuation. Current inventory shows 7 comparable homes in 78703; a buyer's market based on recent absorption. Market data shows 78703 prices fallen 9.8% over the last half year. The closest comparable sale, 902 Blanco ST, Austin TX 78703 at an adjusted $2,179,407, is a strong comparable. The comp data here (7 sales in 78703) 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