1611 Holly ST, Austin TX 78702

My analysis of 7 comparable properties puts this home's estimated value at $619,610. Based on how the local market is moving, a list price between $426,000 and $436,000 would position this home well. Relative to what's currently available in TOBIN RIVERSIDE, this home would be the 2nd most expensive of 4 comparable homes on the market. The smaller floor plan (601 sqft compared to the average comp) is a meaningful differentiator in this price range. At 29 years older than typical comps, the 1927 build date influences the valuation. Current inventory shows 4 comparable homes in TOBIN RIVERSIDE; a buyer's market based on recent absorption. The 6 month price trend in 78702: fallen 10.8%. The best comp here is 2308 Canterbury ST, Austin TX 78702 at an adjusted value of $557,530, a strong comparable. With 7 comparable sales in TOBIN RIVERSIDE, 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