1807 Walnut Ave, Austin TX 78702

The market data from 6 similar recent sales in ULIT H points to a value of approximately $730,369. To sell within a reasonable timeframe at fair market value, the $889,000 to $897,000 range is where I'd position this. With 5 comparable homes on the market in ULIT H, this price positions the property as the 2nd least expensive of 5 comparable homes on the market. Being 817 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2007 construction puts this home 39 years newer than the comp average, a factor in the pricing. 5 similar homes are currently available in ULIT H, creating a buyer's market for this price range. In 78702, home values have fallen approximately 2.2% over the past 6 months. One of the strongest data points is 2903 Breeze # 1, Austin TX 78722, adjusting to $889,021; with a smaller floor plan. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group