1603 W 39 1/2 ST # B, Austin TX 78756

3 recent sales within half a mile of this address suggest a current value of $889,440. My recommended list price range for this property would be $944,000 to $964,000. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in 78756. This home's larger footprint (150 sqft vs the comp average) plays a role in how the market prices it. The 0.24 acre lot (larger than the 0.16 acre average) is reflected in the estimate. With 3 similar homes currently listed in 78756 (a balanced market), competition is a factor to consider. In 78756, home values have fallen approximately 9.1% over the past 6 months. One of the strongest data points is 3818 Ridgelea DR # B, Austin TX 78731, adjusting to $943,739; with a smaller floor plan. With 3 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