1504 Garden ST, Austin TX 78702

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $664,630. I'd recommend coming to market at $811,000 to $836,000 to strike the right balance between value and market velocity. In the current WELCH market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. At 248 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1950, this home is 14 years older than the average comp, which is reflected in the adjustments. Buyers in WELCH have 7 comparable options right now, with asking prices between $650,000 and $1,200,000. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 2009 Haskell ST, Austin TX 78702 nearby adjusts to $811,064; with a smaller floor plan. Based on 7 relevant data points in WELCH, 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