2409 Ann Arbor Ave # B1, Austin TX 78704

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,166,616. I'd recommend coming to market at $1,204,000 to $1,210,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78704, this price point stands out as competitive. At 334 sqft larger than the typical comp, the size difference factors into the valuation. Right now, 4 similar properties are competing for buyers in 78704, listed between $1,049,000 and $1,800,000. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 2800 Kinney Oaks CT, Austin TX 78704 nearby adjusts to $1,129,704; a strong comparable. With 6 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