1901 Hermia ST # 54, Austin TX 78741

The estimated value of this property is $487,530, based on 3 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $395,000 and $405,000. Against 3 similar active listings in EASTWOOD/RIVERSIDE II CONDOS, this price point lands at the most expensive of 3 comparable homes on the market. This home's larger footprint (123 sqft vs the comp average) plays a role in how the market prices it. The 0.15 acre lot (larger than the 0.12 acre average) is reflected in the estimate. 3 similar homes are currently available in EASTWOOD/RIVERSIDE II CONDOS, creating a balanced market for this price range. The most comparable recent sale is 2315 Capulet ST, Austin TX 78741, with an adjusted value of $457,730; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group