2110 Fortview RD # C, Austin TX 78704

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $784,640. I'd recommend coming to market at $1,018,000 to $1,026,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in SIMS SUB OF LT, this price positions the property as the most affordable of 7 comparable homes on the market. Being 113 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2012, this home is 9 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in SIMS SUB OF LT (a buyer's market), competition is a factor to consider. The trend in 78704 shows prices have fallen 4.9% in the past 6 months. 4609 Philco DR # 1, Austin TX 78745 nearby adjusts to $710,858; a strong comparable. With 4 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