After reviewing 7 recent transactions in TRUMAN HEIGHTS, I estimate this property's value at $622,731. A competitive list price for this home right now would fall in the $665,000 to $792,000 range. This home's position in the current TRUMAN HEIGHTS market: no active comparable homes on the market among comparable properties. Being 1,730 sqft larger than the average comparable sale in this area impacts the per square foot value. At 8 years newer than typical comps, the 2022 build date influences the valuation. Prices in TRUMAN HEIGHTS have fallen 52.9% over the last 6 months. A similar home at 1215 Fort Branch BLVD # 1, Austin TX 78721 carries an adjusted comparable value of $791,700, providing a strong data point. With 7 comparable sales in TRUMAN HEIGHTS, 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
