1501 Barton Springs RD # 237, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $910,148. To generate strong buyer interest while maximizing value, I'd price this between $532,000 and $542,000. With 7 comparable homes on the market in 78704, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The 1982 construction puts this home 9 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. The active market in 78704 includes 7 comparable homes priced from $515,000 to $1,050,000. The trend in 78704 shows prices have fallen 3.5% in the past 6 months. 702 Spofford ST, Austin TX 78704 nearby adjusts to $1,616,188; a strong comparable. 7 comparable transactions in 78704 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