Ed's Opinion of Value

$636,964 Ed's Estimate: $908,960 $1,275,000
Lowest Comp Recommended List: $762,000 to $772,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $908,960. For a well positioned listing in 78704, I'd target the $762,000 to $772,000 range. In the current 78704 market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.11 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78704 (a buyer's market), competition is a factor to consider. Recent trends in 78704 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 1205 Kinney Ave # A, Austin TX 78704, with an adjusted value of $636,964; a strong comparable. 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
3 Beds
3 Baths
2,028 Sq Ft

Location

Property Details

Property Type Residential
County Travis
MLS # 5761184

Listing History

MLS# 5761184 170 days
Jan 24, 2008 Off Market
Jul 11, 2007 Listed $494,900

Frequently Asked Questions About 2007 Wright ST # B, Austin TX 78704

How much does 2007 Wright ST # B, Austin TX 78704 cost?

2007 Wright ST # B, Austin TX 78704 sold on January 24, 2008. Contact us for sale price details.

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