1612 S 3rd ST # A, Austin TX 78704

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $1,035,944. I'd recommend coming to market at $720,000 to $730,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in AIRDALE. The smaller floor plan (127 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.00 acre lot (smaller than the 0.11 acre average) is reflected in the estimate. The active market in AIRDALE includes 4 comparable homes priced from $649,000 to $1,200,000. The trend in 78704 shows prices have fallen 4.1% in the past 6 months. 608 W Annie ST # A, Austin TX 78704 nearby adjusts to $1,150,324; a strong comparable. Based on 7 relevant data points in AIRDALE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX