1806 Drake Ave, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $552,063. To generate strong buyer interest while maximizing value, I'd price this between $319,000 and $329,000. In the current FAIRVIEW PARK market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 197 sqft size difference versus comparable sales is reflected in the adjusted values. The 1935 construction puts this home 38 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in FAIRVIEW PARK, listed between $299,900 and $875,000. The trend in 78704 shows prices have fallen 1.7% in the past 6 months. 2215 Post RD # 2070, Austin TX 78704 nearby adjusts to $301,198; a strong comparable. 7 comparable transactions in FAIRVIEW PARK 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