1703 Holly ST, Austin TX 78702

Based on 7 closed sales in POPES, the data points to a value around $599,815 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $307,000 to $317,000. Buyers shopping in POPES right now would see this as a well positioned option among 4 comparable homes. This home's smaller footprint (385 sqft vs the comp average) plays a role in how the market prices it. Being built in 1939 (35 years older than comps) is factored into the value estimate. There are currently 4 similar homes on the market in POPES, ranging from $319,900 to $649,000. Market data shows 78702 prices fallen 2.2% over the last half year. The closest comparable sale, 2312 Canterbury St #A, Austin TX 78702 at an adjusted $606,474, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in POPES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group