1411 WATHEN Ave, Austin TX 78703

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,871,992. I'd recommend coming to market at $1,325,000 to $1,335,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in 78703. The 431 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1937, this home is 7 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in 78703, ranging from $1,375,000 to $3,250,000. The trend in 78703 shows prices have fallen 9.6% in the past 6 months. 2401 Jarratt Ave, Austin TX 78703 nearby adjusts to $2,145,280; with a smaller floor plan. Based on 6 relevant data points in 78703, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX