1905 Ford ST, Austin TX 78704

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $680,733. I'd recommend coming to market at $283,000 to $293,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78704, this price point lands at the 2nd most expensive of 7 comparable homes on the market. Built in 1942, this home is 6 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in 78704; a buyer's market based on recent absorption. The trend in 78704 shows prices have fallen 2.3% in the past 6 months. 1708 Collier ST, Austin TX 78704 nearby adjusts to $651,747; a strong comparable. Based on 4 relevant data points in 78704, 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