1409 W 51st ST, Austin TX 78756

The market data from 5 similar recent sales in SMITH A points to a value of approximately $1,026,572. To sell within a reasonable timeframe at fair market value, the $996,000 to $1,057,000 range is where I'd position this. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in SMITH A. With 3 similar homes currently listed in SMITH A (a balanced market), competition is a factor to consider. In 78756, home values have fallen approximately 6.5% over the past 6 months. One of the strongest data points is 4006 Lewis LN, Austin TX 78756, adjusting to $784,062; a strong comparable. 5 comparable transactions in SMITH A 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