1701 Kenwood Ave, Austin TX 78704

The market data from 3 similar recent sales in TRAVIS HEIGHTS points to a value of approximately $1,155,864. To sell within a reasonable timeframe at fair market value, the $995,000 to $1,005,000 range is where I'd position this. In the current TRAVIS HEIGHTS market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The larger floor plan (245 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1930 construction puts this home 9 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in TRAVIS HEIGHTS (a buyer's market), competition is a factor to consider. In TRAVIS HEIGHTS, home values have risen approximately 37% over the past 6 months. One of the strongest data points is 1701 Alameda DR, Austin TX 78704, adjusting to $1,311,708; with a smaller floor plan. 3 comparable transactions in TRAVIS HEIGHTS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group