1507 North ST # B, Austin TX 78756

Reviewing the most recent comparable transactions, this home's market value falls around $555,459. For a well positioned listing in SMITH A, I'd target the $385,000 to $395,000 range. With 7 comparable homes on the market in SMITH A, this price positions the property as the most expensive of 7 comparable homes on the market. The 2008 construction puts this home 12 years newer than the comp average, a factor in the pricing. At 0.41 acres, the lot is larger than the 0.04 acre comp average, which factors into pricing. The active market in SMITH A includes 7 comparable homes priced from $355,000 to $568,000. Recent trends in 78756 show home values have fallen 20.5% since 6 months ago. The most comparable recent sale is 1406 North ST # B, Austin TX 78756, with an adjusted value of $601,675; a strong comparable. 7 comparable transactions in SMITH A 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