2005 Dexter ST, Austin TX 78704

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $845,042. I'd recommend coming to market at $933,000 to $1,064,000 to strike the right balance between value and market velocity. In the current SOUTH LUND PARK market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. This home's larger footprint (160 sqft vs the comp average) plays a role in how the market prices it. The 0.24 acre lot (larger than the 0.20 acre average) is reflected in the estimate. Buyers in SOUTH LUND PARK have 4 comparable options right now, with asking prices between $820,000 and $1,300,000. The trend in 78704 shows prices have fallen 2.7% in the past 6 months. 1812 Margaret ST, Austin TX 78704 nearby adjusts to $887,417; with a smaller floor plan. With 7 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