1606 Ravey ST # B, Austin TX 78704

Based on 7 closed sales in 78704, the data points to a value around $386,344 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $312,000 to $322,000. Buyers shopping in 78704 right now would see this as a well positioned option among 7 comparable homes. Being built in 2013 (9 years newer than comps) is factored into the value estimate. Lot size matters here: 0.09 acres versus 2.29 for the typical comp. Buyers in 78704 have 7 comparable options right now, with asking prices between $305,000 and $675,000. Market data shows 78704 prices fallen 4.1% over the last half year. The closest comparable sale, 2505 Thornton RD # 2208, Austin TX 78704 at an adjusted $374,511, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus