1812 West Ave # 203, Austin TX 78701

Based on 6 closed sales in 78701, the data points to a value around $444,736 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $487,000 to $491,000. This pricing would rank the home as the 2nd least expensive of 5 comparable homes on the market in 78701's current inventory. At 142 sqft larger than the typical comp, the size difference factors into the valuation. 5 similar homes are currently available in 78701, creating a buyer's market for this price range. Market data shows 78701 prices fallen 22.1% over the last half year. The closest comparable sale, 2500 Longview ST # 116, Austin TX 78705 at an adjusted $472,865, is with a larger floor plan. This estimate draws on 6 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus