1408 E 11th ST, Austin TX 78702

The market data from 3 similar recent sales in RECTORS points to a value of approximately $603,376. To sell within a reasonable timeframe at fair market value, the $386,000 to $396,000 range is where I'd position this. Among the similar homes currently available in RECTORS, this price point stands out as competitive. At 0.16 acres, the lot is larger than the 0.12 acre comp average, which factors into pricing. With 7 similar homes currently listed in RECTORS (a buyer's market), competition is a factor to consider. In 78702, home values have fallen approximately 2.2% over the past 6 months. One of the strongest data points is 2007 Tillotson Ave, Austin TX 78702, adjusting to $666,380; a strong comparable. 3 comparable transactions in RECTORS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group