1812 West Ave # 102, Austin TX 78701

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $559,204. I'd recommend coming to market at $363,000 to $373,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78701, this price point lands at the 3rd most expensive of 7 comparable homes on the market. Built in 2007, this home is 9 years older than the average comp, which is reflected in the adjustments. The 0.01 acre lot (smaller than the 0.06 acre average) is reflected in the estimate. 7 similar homes are currently available in 78701, creating a buyer's market for this price range. The trend in 78701 shows prices have fallen 20.9% in the past 6 months. 910 W 25th ST # 206, Austin TX 78705 nearby adjusts to $455,724; with a larger floor plan. Based on 3 relevant data points in 78701, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX