1811 Lightsey RD, Austin TX 78704

Based on 7 closed sales in LOW THEODORE HEIGHTS, the data points to a value around $1,705,265 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,110,000 to $1,120,000. This home's position in the current LOW THEODORE HEIGHTS market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. Being built in 1938 (51 years older than comps) is factored into the value estimate. Lot size matters here: 1.95 acres versus 0.20 for the typical comp. Buyers in LOW THEODORE HEIGHTS have 7 comparable options right now, with asking prices between $1,049,000 and $2,395,000. Market data shows 78704 prices fallen 3.8% over the last half year. The closest comparable sale, 1701 Ravey ST, Austin TX 78704 at an adjusted $925,002, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in LOW THEODORE HEIGHTS. 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