1503 W 29th ST, Austin TX 78703

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,938,005. To generate strong buyer interest while maximizing value, I'd price this between $1,637,000 and $1,647,000. With 3 comparable homes on the market in SUMMIT PLACE, this price positions the property as the most expensive of 3 comparable homes on the market. At 432 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 3 comparable homes in SUMMIT PLACE; a buyer's market based on recent absorption. The trend in 78703 shows prices have fallen 9.3% in the past 6 months. 2103 Bowman Ave, Austin TX 78703 nearby adjusts to $2,299,833; with a larger floor plan. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group