7 recent sales within a few blocks of this address suggest a current value of $599,854. My recommended list price range for this property would be $453,000 to $463,000. In the current BERGMAN VALLEY VIEW market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. This home's smaller footprint (787 sqft vs the comp average) plays a role in how the market prices it. Built in 1933, this home is 28 years older than the average comp, which is reflected in the adjustments. Right now, 3 similar properties are competing for buyers in BERGMAN VALLEY VIEW, listed between $425,000 and $489,999. In 78702, home values have fallen approximately 7.6% over the past 6 months. One of the strongest data points is 87 Chalmers Ave, Austin TX 78702, adjusting to $526,643; 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