1507 North ST, Austin TX 78756

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $765,588. I'd recommend coming to market at $819,000 to $918,000 to strike the right balance between value and market velocity. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in SMITH A. At 138 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2008, this home is 10 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in SMITH A; a balanced market based on recent absorption. The trend in 78756 shows prices have fallen 17.4% in the past 6 months. 4413 Shoal Creek BLVD, Austin TX 78756 nearby adjusts to $1,061,156; a strong comparable. Based on 7 relevant data points in SMITH A, 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