1904 David ST, Austin TX 78705

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,099,512. I'd recommend coming to market at $525,000 to $535,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78705, this price point lands at the 2nd most expensive of 7 comparable homes on the market. At 235 sqft smaller than the typical comp, the size difference factors into the valuation. There are currently 7 similar homes on the market in 78705, ranging from $499,000 to $1,250,000. The trend in 78705 shows prices have fallen 11.7% in the past 6 months. 807 W 30th ST, Austin TX 78705 nearby adjusts to $1,331,017; a strong comparable. Based on 3 relevant data points in 78705, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX