1929 E 38 1/2 ST # 12, Austin TX 78723

Reviewing the most recent comparable transactions, this home's market value falls around $587,823. For a well positioned listing in MANOR HILL, I'd target the $576,000 to $600,000 range. With 4 comparable homes on the market in MANOR HILL, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.10 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in MANOR HILL; a buyer's market based on recent absorption. Recent trends in 78723 show home values have risen 3.1% since 6 months ago. The most comparable recent sale is 3713 Manorwood RD, Austin TX 78723, with an adjusted value of $656,598; with a larger floor plan. The 7 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