201 E 34th ST # 1, Austin TX 78705

After reviewing 5 recent transactions in 78705, I estimate this property's value at $992,069. A competitive list price for this home right now would fall in the $818,000 to $828,000 range. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in 78705's current inventory. At 131 sqft larger than the typical comp, the size difference factors into the valuation. At 7 years older than typical comps, the 1926 build date influences the valuation. Current inventory shows 7 comparable homes in 78705; a buyer's market based on recent absorption. Prices in 78705 have fallen 12% over the last 6 months. A similar home at 404 W 41st ST, Austin TX 78751 carries an adjusted comparable value of $1,192,977, providing a strong data point. The comp data here (5 sales in 78705) 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