1903 W 41st ST, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $1,094,198. For a well positioned listing in 78731, I'd target the $556,000 to $566,000 range. In the current 78731 market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The larger floor plan (143 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1953 construction puts this home 5 years newer than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in 78731, ranging from $499,900 to $1,250,000. Recent trends in 78731 show home values have fallen 15.3% since 6 months ago. The most comparable recent sale is 4006 Lewis LN, Austin TX 78756, with an adjusted value of $800,357; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group