1716 E 34th ST, Austin TX 78722

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $326,950. To generate strong buyer interest while maximizing value, I'd price this between $341,000 and $345,000. With 5 comparable homes on the market in 78722, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. The 342 sqft size difference versus comparable sales is reflected in the adjusted values. The 1966 construction puts this home 8 years older than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in 78722; a balanced market based on recent absorption. The trend in 78722 shows prices have fallen 7.6% in the past 6 months. 1320 Robert Browning ST # 208, Austin TX 78723 nearby adjusts to $236,930; a strong comparable. 7 comparable transactions in 78722 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