1706 Ulit Ave, Austin TX 78702

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $435,918. I'd recommend coming to market at $356,000 to $366,000 to strike the right balance between value and market velocity. In the current ULIT H market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Built in 1955, this home is 6 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in ULIT H; a buyer's market based on recent absorption. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 1303 Walnut Ave, Austin TX 78702 nearby adjusts to $490,081; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group