1805 Raleigh Ave, Austin TX 78703

After reviewing 3 recent transactions in 78703, I estimate this property's value at $2,718,144. A competitive list price for this home right now would fall in the $3,981,000 to $4,749,000 range. This home's position in the current 78703 market: the most affordable of 7 comparable homes on the market among comparable properties. The larger floor plan (261 sqft compared to the average comp) is a meaningful differentiator in this price range. At 5 years older than typical comps, the 1998 build date influences the valuation. 7 similar homes are currently available in 78703, creating a buyer's market for this price range. Prices in 78703 have risen 1.4% over the last 6 months. A similar home at 3315 Windsor RD, Austin TX 78703 carries an adjusted comparable value of $3,025,455, providing a strong data point. With 3 comparable sales in 78703, 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