2004 Paramount Ave # B, Austin TX 78704

Based on 7 closed sales in 78704, the data points to a value around $1,282,136 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,483,000 to $1,586,000. This pricing would rank the home as the 3rd least expensive of 6 comparable homes on the market in 78704's current inventory. This home's larger footprint (272 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.00 acres versus 0.13 for the typical comp. 6 similar homes are currently available in 78704, creating a buyer's market for this price range. Market data shows 78704 prices fallen 3.8% over the last half year. The closest comparable sale, 2800 Kinney Oaks CT, Austin TX 78704 at an adjusted $1,112,028, is a strong comparable. 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