203 W 56th ST, Austin TX 78751

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $796,277. Pricing this home between $606,000 and $616,000 would put it in the competitive sweet spot for 78751. This pricing would rank the home as the 3rd most expensive of 5 comparable homes on the market in 78751's current inventory. At 27 years newer than typical comps, the 2019 build date influences the valuation. The smaller lot (0.08 acres versus the area average of 0.12) contributes to the valuation. There are currently 5 similar homes on the market in 78751, ranging from $650,000 to $1,299,000. Market data shows 78751 prices risen 1.3% over the last half year. The closest comparable sale, 5303 Avenue G # 1, Austin TX 78751 at an adjusted $1,136,696, is a strong comparable. The comp data here (7 sales in 78751) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus