2014 Arpdale ST # A, Austin TX 78704

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $767,351. I'd recommend coming to market at $643,000 to $653,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78704, this price point stands out as competitive. Being 106 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.20 acre lot (larger than the 0.13 acre average) is reflected in the estimate. The active market in 78704 includes 5 comparable homes priced from $575,000 to $1,250,000. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 2205 Thornton RD # A, Austin TX 78704 nearby adjusts to $831,480; 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