1806 W 11th ST, Austin TX 78703

The market data from 7 similar recent sales in MAAS points to a value of approximately $467,111. To sell within a reasonable timeframe at fair market value, the $347,000 to $357,000 range is where I'd position this. In the current MAAS market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The 1926 construction puts this home 25 years older than the comp average, a factor in the pricing. At 0.23 acres, the lot is larger than the 0.04 acre comp average, which factors into pricing. 7 similar homes are currently available in MAAS, creating a buyer's market for this price range. In 78703, home values have fallen approximately 9.6% over the past 6 months. One of the strongest data points is 711 Patterson Ave, Austin TX 78703, adjusting to $959,751; with a smaller floor plan. 7 comparable transactions in MAAS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group