1509 S 3rd ST, Austin TX 78704

My analysis of 3 comparable properties puts this home's estimated value at $916,891. Based on how the local market is moving, a list price between $992,000 and $1,117,000 would position this home well. This pricing would rank the home as the 2nd most expensive of 4 comparable homes on the market in 3RD & MONROE CONDO's current inventory. The 161 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 4 comparable homes in 3RD & MONROE CONDO; a buyer's market based on recent absorption. The 6 month price trend in 78704: fallen 3.8%. The best comp here is 705 W Johanna ST # B, Austin TX 78704 at an adjusted value of $941,166, a strong comparable. With 3 comparable sales in 3RD & MONROE CONDO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group