1408 North # 1, Austin TX 78756

The estimated value of this property is $607,068, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $524,000 and $534,000. Among the similar homes currently available in 78756, this price point stands out as competitive. Built in 2006, this home is 5 years older than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.08 acre average) is reflected in the estimate. The active market in 78756 includes 4 comparable homes priced from $547,500 to $839,000. Recent trends in 78756 show home values have fallen 20.5% since 6 months ago. The most comparable recent sale is 3200 Grandview ST # 15, Austin TX 78705, with an adjusted value of $492,380; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group