1621 W 14th ST, Austin TX 78703

My analysis of 7 comparable properties puts this home's estimated value at $736,253. Based on how the local market is moving, a list price between $466,000 and $476,000 would position this home well. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in SPEAR G's current inventory. The larger lot (0.14 acres versus the area average of 0.05) contributes to the valuation. Current inventory shows 7 comparable homes in SPEAR G; a buyer's market based on recent absorption. The 6 month price trend in 78703: fallen 9.3%. The best comp here is 1605 W 11th ST, Austin TX 78703 at an adjusted value of $529,550, with a smaller floor plan. With 7 comparable sales in SPEAR G, 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