1600 S 5th ST, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $2,247,480. For a well positioned listing in CAPITAL HEIGHTS, I'd target the $1,089,000 to $1,099,000 range. Among the similar homes currently available in CAPITAL HEIGHTS, this price point stands out as competitive. The 1950 construction puts this home 74 years older than the comp average, a factor in the pricing. At 0.19 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. The active market in CAPITAL HEIGHTS includes 7 comparable homes priced from $975,000 to $2,720,000. Recent trends in 78704 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 912 Jewell ST, Austin TX 78704, with an adjusted value of $1,958,156; with a pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group