1516 Hether, Austin TX 78704

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $735,054. Pricing this home between $291,000 and $301,000 would put it in the competitive sweet spot for 78704. Buyers shopping in 78704 right now would see this as a well positioned option among 7 comparable homes. At 12 years older than typical comps, the 1937 build date influences the valuation. The larger lot (0.18 acres versus the area average of 0.14) contributes to the valuation. 7 similar homes are currently available in 78704, creating a buyer's market for this price range. Market data shows 78704 prices fallen 1.8% over the last half year. The closest comparable sale, 1405 Oxford Ave, Austin TX 78704 at an adjusted $740,569, is a strong comparable. With 3 comparable sales in 78704, 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