1822 W 11th ST, Austin TX 78703

After reviewing 4 recent transactions in MAAS, I estimate this property's value at $2,505,481. A competitive list price for this home right now would fall in the $3,539,000 to $3,984,000 range. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in MAAS's current inventory. The 608 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (0.23 acres versus the area average of 0.14) contributes to the valuation. Right now, 7 similar properties are competing for buyers in MAAS, listed between $1,990,000 and $5,700,000. Prices in 78703 have fallen 0.5% over the last 6 months. A similar home at 1016 Shelley Ave, Austin TX 78703 carries an adjusted comparable value of $2,504,493, providing a strong data point. With 4 comparable sales in MAAS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group