215 Park LN, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $2,563,608. To generate strong buyer interest while maximizing value, I'd price this between $1,325,000 and $1,335,000. Among the similar homes currently available in 78704, this price point stands out as competitive. The pool is a differentiator here, since 2 of 7 comparable sales didn't include one. The 1915 construction puts this home 79 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in 78704; a buyer's market based on recent absorption. The trend in 78704 shows prices have fallen 3.9% in the past 6 months. 1901 Newton ST, Austin TX 78704 nearby adjusts to $3,741,675; a strong comparable. 7 comparable transactions in 78704 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group