1409 Mohle DR, Austin TX 78703

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,081,428. To generate strong buyer interest while maximizing value, I'd price this between $797,000 and $807,000. In the current 78703 market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The 138 sqft size difference versus comparable sales is reflected in the adjusted values. The 1976 construction puts this home 6 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in 78703 (a buyer's market), competition is a factor to consider. The trend in 78703 shows prices have risen 1.3% in the past 6 months. 1503 Mohle DR, Austin TX 78703 nearby adjusts to $1,368,978; a strong comparable. 3 comparable transactions in 78703 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