1703 Walnut Ave, Austin TX 78702

My analysis of 3 comparable properties puts this home's estimated value at $415,449. Based on how the local market is moving, a list price between $203,000 and $213,000 would position this home well. This home's position in the current ULIT H market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. At 6 years older than typical comps, the 1941 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.09) contributes to the valuation. Right now, 7 similar properties are competing for buyers in ULIT H, listed between $175,000 and $500,000. The 6 month price trend in 78702: fallen 2.2%. The best comp here is 1210 Coleto ST, Austin TX 78702 at an adjusted value of $449,530, a strong comparable. With 3 comparable sales in ULIT H, 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