2109 La Casa DR, Austin TX 78704

Based on 7 closed sales in INWOOD HILLS, the data points to a value around $762,155 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $492,000 to $502,000. Buyers shopping in INWOOD HILLS right now would see this as a well positioned option among 7 comparable homes. Being built in 1936 (36 years older than comps) is factored into the value estimate. Lot size matters here: 0.13 acres versus 0.17 for the typical comp. With 7 similar homes currently listed in INWOOD HILLS (a buyer's market), competition is a factor to consider. Market data shows 78704 prices fallen 3.6% over the last half year. The closest comparable sale, 1703 Dywer Ave, Austin TX 78704 at an adjusted $914,683, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in INWOOD HILLS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group