1801 Drake Ave, Austin TX 78704

The estimated value of this property is $1,225,503, based on 5 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $938,000 and $948,000. Among the similar homes currently available in FAIRVIEW PARK, this price point stands out as competitive. Built in 1992, this home is 14 years older than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.23 acre average) is reflected in the estimate. The active market in FAIRVIEW PARK includes 7 comparable homes priced from $875,000 to $1,700,000. Recent trends in FAIRVIEW PARK show home values have fallen 53% since 6 months ago. The most comparable recent sale is 512 Sunny LN # A, Austin TX 78704, with an adjusted value of $841,896; a strong comparable. With 5 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