2001 Wright ST, Austin TX 78704

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $1,474,687. Pricing this home between $1,190,000 and $1,200,000 would put it in the competitive sweet spot for 78704. Buyers shopping in 78704 right now would see this as a well positioned option among 5 comparable homes. At 181 sqft larger than the typical comp, the size difference factors into the valuation. At 5 years older than typical comps, the 2007 build date influences the valuation. With 5 similar homes currently listed in 78704 (a buyer's market), competition is a factor to consider. Market data shows 78704 prices fallen 3.8% over the last half year. The closest comparable sale, 1204 Kinney Ave, Austin TX 78704 at an adjusted $1,722,353, is with a smaller floor plan. The comp data here (5 sales in 78704) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus