1412 W 9th ST, Austin TX 78703

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,701,043. I'd recommend coming to market at $884,000 to $894,000 to strike the right balance between value and market velocity. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in 78703. Built in 1916, this home is 60 years older than the average comp, which is reflected in the adjustments. The 0.31 acre lot (larger than the 0.11 acre average) is reflected in the estimate. 7 similar homes are currently available in 78703, creating a buyer's market for this price range. The trend in 78703 shows prices have fallen 9.3% in the past 6 months. 1117 W 9th ST, Austin TX 78703 nearby adjusts to $1,788,413; a strong comparable. With 7 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