2011 Montclaire ST, Austin TX 78704

The market data from 3 similar recent sales in RABB INWOOD HILLS points to a value of approximately $956,425. To sell within a reasonable timeframe at fair market value, the $329,000 to $339,000 range is where I'd position this. With 7 comparable homes on the market in RABB INWOOD HILLS, this price positions the property as the most expensive of 7 comparable homes on the market. The 1939 construction puts this home 7 years older than the comp average, a factor in the pricing. At 0.21 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. The active market in RABB INWOOD HILLS includes 7 comparable homes priced from $319,900 to $799,000. In 78704, home values have fallen approximately 4% over the past 6 months. One of the strongest data points is 810 Ethel ST, Austin TX 78704, adjusting to $964,850; a strong comparable. 3 comparable transactions in RABB INWOOD HILLS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group