1909 E M Franklin Ave, Austin TX 78723

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $626,434. I'd recommend coming to market at $745,000 to $747,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in EM FRANKLIN ND, this price positions the property as the most affordable of 3 comparable homes on the market. Being 124 sqft smaller than the average comparable sale in this area impacts the per square foot value. Current inventory shows 3 comparable homes in EM FRANKLIN ND; a buyer's market based on recent absorption. The trend in 78723 shows prices have fallen 11.9% in the past 6 months. 3505 Banton RD # A, Austin TX 78722 nearby adjusts to $568,468; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group