1811 Drake Ave, Austin TX 78704

Based on 5 closed sales in 78704, the data points to a value around $878,047 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $852,000 to $904,000. This would position the home competitively among 3 active listings in 78704. Right now, 3 similar properties are competing for buyers in 78704, listed between $790,000 and $875,000. Market data shows 78704 prices fallen 5.3% over the last half year. The closest comparable sale, 2003 Kenwood Ave, Austin TX 78704 at an adjusted $913,495, is a strong comparable. The strength of this estimate comes from 5 directly comparable sales in 78704. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group