1615 Holly ST, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $637,882. To generate strong buyer interest while maximizing value, I'd price this between $354,000 and $364,000. With 7 comparable homes on the market in TOBIN RIVERSIDE, this price positions the property as the most expensive of 7 comparable homes on the market. Being 594 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1951 construction puts this home 10 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in TOBIN RIVERSIDE; a buyer's market based on recent absorption. The trend in 78702 shows prices have fallen 10.6% in the past 6 months. 2308 Canterbury ST, Austin TX 78702 nearby adjusts to $580,160; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group