1508 W 9th ST, Austin TX 78703

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $726,493. I'd recommend coming to market at $448,000 to $458,000 to strike the right balance between value and market velocity. Against 7 similar active listings in WENDLANDTS, this price point lands at the 3rd most expensive of 7 comparable homes on the market. Built in 1926, this home is 35 years older than the average comp, which is reflected in the adjustments. The 0.30 acre lot (larger than the 0.04 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in WENDLANDTS, ranging from $449,000 to $925,000. The trend in 78703 shows prices have fallen 9.3% in the past 6 months. 1105 Maufrais ST, Austin TX 78703 nearby adjusts to $821,546; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group