2500 TOWER DR, Austin TX 78703

Based on 7 closed sales in 78703, the data points to a value around $963,480 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $783,000 to $793,000. This pricing would rank the home as the 2nd least expensive of 5 comparable homes on the market in 78703's current inventory. Lot size matters here: 0.00 acres versus 0.19 for the typical comp. Right now, 5 similar properties are competing for buyers in 78703, listed between $815,000 and $1,295,000. Market data shows 78703 prices fallen 9.8% over the last half year. The closest comparable sale, 2507 Inwood PL, Austin TX 78703 at an adjusted $1,163,001, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus