1607 Nickerson ST NW, Austin TX 78704

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $905,254. I'd recommend coming to market at $332,000 to $342,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in SWISHER, this price positions the property as the most expensive of 7 comparable homes on the market. The smaller floor plan (103 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1920, this home is 6 years older than the average comp, which is reflected in the adjustments. Buyers in SWISHER have 7 comparable options right now, with asking prices between $327,000 and $875,000. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 107 W Milton ST, Austin TX 78704 nearby adjusts to $1,019,312; a strong comparable. 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