1909 Cliff # 2, Austin TX 78705

Taking into account 7 nearby comparable sales, this property's estimated value comes to $440,784. If we were to list this property today, I'd recommend a list price in the $292,000 to $302,000 range. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in 78705's current inventory. Being built in 1932 (43 years older than comps) is factored into the value estimate. Lot size matters here: 0.06 acres versus 0.10 for the typical comp. With 7 similar homes currently listed in 78705 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78705: fallen 11.7%. The best comp here is 1408 W 39th 1/2 ST, Austin TX 78756 at an adjusted value of $495,700, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78705. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group