1812 West Ave # 407, Austin TX 78701

After reviewing 5 recent transactions in 78701, I estimate this property's value at $420,048. A competitive list price for this home right now would fall in the $444,000 to $450,000 range. This would position the home competitively among 5 active listings in 78701. The 111 sqft size difference versus comparable sales is reflected in the adjusted values. At 5 years older than typical comps, the 2007 build date influences the valuation. There are currently 5 similar homes on the market in 78701, ranging from $370,000 to $429,000. Prices in 78701 have risen 1.7% over the last 6 months. A similar home at 2500 Longview ST # 507, Austin TX 78705 carries an adjusted comparable value of $468,295, providing a strong data point. The comp data here (5 sales in 78701) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus