2317 W 8th ST, Austin TX 78703

The market data from 7 similar recent sales in TIMBERLAKE points to a value of approximately $563,179. To sell within a reasonable timeframe at fair market value, the $357,000 to $367,000 range is where I'd position this. In the current TIMBERLAKE market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The 1951 construction puts this home 9 years older than the comp average, a factor in the pricing. At 0.14 acres, the lot is larger than the 0.08 acre comp average, which factors into pricing. Buyers in TIMBERLAKE have 7 comparable options right now, with asking prices between $350,000 and $649,000. In 78703, home values have fallen approximately 9.3% over the past 6 months. One of the strongest data points is 1502 Wethersfield RD, Austin TX 78703, adjusting to $490,991; with a pool. 7 comparable transactions in TIMBERLAKE 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