2016 Goodrich # 1A, Austin TX 78704

The estimated value of this property is $525,858, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $602,000 and $647,000. In the current 78704 market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 0.00 acre lot (smaller than the 0.08 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in 78704; a buyer's market based on recent absorption. Recent trends in 78704 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 2114 Goodrich Ave # 10, Austin TX 78704, with an adjusted value of $564,662; a strong comparable. Based on 7 relevant data points in 78704, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX