201 E 4th ST # 247, Austin TX 78701

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $643,352. I'd recommend coming to market at $401,000 to $411,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in 78701. Built in 1983, this home is 24 years older than the average comp, which is reflected in the adjustments. Buyers in 78701 have 7 comparable options right now, with asking prices between $400,000 and $995,000. The trend in 78701 shows prices have fallen 24.1% in the past 6 months. 1212 Guadalupe ST # 805, Austin TX 78701 nearby adjusts to $368,109; a strong comparable. 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