1923 Berkeley Ave, Austin TX 78745

Based on 7 closed sales in 78745, the data points to a value around $482,986 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $418,000 to $428,000. Buyers shopping in 78745 right now would see this as a well positioned option among 7 comparable homes. Being built in 1955 (19 years older than comps) is factored into the value estimate. Lot size matters here: 0.52 acres versus 0.31 for the typical comp. Current inventory shows 7 comparable homes in 78745; a buyer's market based on recent absorption. Market data shows 78745 prices fallen 5.2% over the last half year. The closest comparable sale, 1927 Berkeley Ave, Austin TX 78745 at an adjusted $418,794, is with a larger floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus