After reviewing 7 recent transactions in SOUTH LUND SOUTH, I estimate this property's value at $1,709,444. A competitive list price for this home right now would fall in the $1,441,000 to $1,451,000 range. Buyers shopping in SOUTH LUND SOUTH right now would see this as a well positioned option among 7 comparable homes. At 28 years older than typical comps, the 1963 build date influences the valuation. The smaller lot (0.14 acres versus the area average of 0.21) contributes to the valuation. There are currently 7 similar homes on the market in SOUTH LUND SOUTH, ranging from $1,299,000 to $2,970,000. Prices in 78704 have fallen 3.8% over the last 6 months. A similar home at 801 Spofford ST, Austin TX 78704 carries an adjusted comparable value of $2,669,204, providing a strong data point. The comp data here (7 sales in SOUTH LUND SOUTH) 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
