2009 Kinney Ave, Austin TX 78704

Based on 4 closed sales in 78704, the data points to a value around $1,154,229 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,260,000 to $1,324,000. Relative to what's currently available in 78704, this home would be the 2nd least expensive of 7 comparable homes on the market. Being 115 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1935 (8 years older than comps) is factored into the value estimate. 7 similar homes are currently available in 78704, creating a buyer's market for this price range. Market data shows 78704 prices fallen 1.8% over the last half year. The closest comparable sale, 1604 Dywer Ave, Austin TX 78704 at an adjusted $1,328,617, is with a smaller floor plan. The strength of this estimate comes from 4 directly comparable sales in 78704. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group