1803 E 40th ST, Austin TX 78722

My analysis of 5 comparable properties puts this home's estimated value at $696,188. Based on how the local market is moving, a list price between $585,000 and $595,000 would position this home well. This would position the home competitively among 7 active listings in SCHIEFFER PLACE. At 234 sqft larger than the typical comp, the size difference factors into the valuation. At 7 years newer than typical comps, the 1964 build date influences the valuation. Buyers in SCHIEFFER PLACE have 7 comparable options right now, with asking prices between $525,000 and $1,150,000. The 6 month price trend in 78722: fallen 11.5%. The best comp here is 1719 E 32nd ST, Austin TX 78722 at an adjusted value of $527,762, with a smaller floor plan. With 5 comparable sales in SCHIEFFER PLACE, 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