1805 Salina ST, Austin TX 78702

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $877,970. I'd recommend coming to market at $946,000 to $971,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78702, this price point stands out as competitive. The larger floor plan (172 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2007, this home is 5 years older than the average comp, which is reflected in the adjustments. There are currently 6 similar homes on the market in 78702, ranging from $710,000 to $1,070,000. The trend in 78702 shows prices have fallen 10.3% in the past 6 months. 2804 E 22nd ST # B, Austin TX 78722 nearby adjusts to $845,876; with a smaller floor plan. Based on 4 relevant data points in 78702, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX