1906 Raleigh Ave, Austin TX 78703

Reviewing the most recent comparable transactions, this home's market value falls around $3,246,858. For a well positioned listing in LAKESHORE, I'd target the $4,118,000 to $4,256,000 range. With 7 comparable homes on the market in LAKESHORE, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. This home's larger footprint (422 sqft vs the comp average) plays a role in how the market prices it. The pool is a differentiator here, since 2 of 4 comparable sales didn't include one. Buyers in LAKESHORE have 7 comparable options right now, with asking prices between $2,500,000 and $8,250,000. Recent trends in 78703 show home values have fallen 5.2% since 6 months ago. The most comparable recent sale is 2410 Bridle PATH, Austin TX 78703, with an adjusted value of $3,550,974; with a smaller floor plan. The 4 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