1707 S 5th ST, Austin TX 78704

My analysis of 7 comparable properties puts this home's estimated value at $496,404. Based on how the local market is moving, a list price between $233,000 and $243,000 would position this home well. Buyers shopping in BOULDIN NORTH EXT right now would see this as a well positioned option among 7 comparable homes. This home's smaller footprint (125 sqft vs the comp average) plays a role in how the market prices it. At 19 years older than typical comps, the 1932 build date influences the valuation. Current inventory shows 7 comparable homes in BOULDIN NORTH EXT; a buyer's market based on recent absorption. The 6 month price trend in 78704: fallen 3.8%. The best comp here is 1713 SOUTH 5TH ST, Austin TX 78704 at an adjusted value of $712,873, with a larger floor plan. With 7 comparable sales in BOULDIN NORTH EXT, 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