1500 Summit ST # 6, Austin TX 78741

7 recent sales within a mile of this address suggest a current value of $1,123,150. My recommended list price range for this property would be $1,101,000 to $1,146,000. In the current ELMHURST OF LTS &6 market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The 750 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2008, this home is 6 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in ELMHURST OF LTS &6; a buyer's market based on recent absorption. In 78741, home values have fallen approximately 8.4% over the past 6 months. One of the strongest data points is 2206 Schriber ST # B, Austin TX 78704, adjusting to $637,500; with a smaller floor plan. Based on 7 relevant data points in ELMHURST OF LTS &6, 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