2511 Schulle Ave, Austin TX 78703

The estimated value of this property is $3,201,638, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $5,915,000 and $6,169,000. In the current MONTE VISTA market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. Being 702 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1951, this home is 5 years older than the average comp, which is reflected in the adjustments. The active market in MONTE VISTA includes 7 comparable homes priced from $3,500,000 to $19,500,000. Recent trends in 78703 show home values have fallen 9.3% since 6 months ago. The most comparable recent sale is 1304 Gaston Ave, Austin TX 78703, with an adjusted value of $3,564,910; with a larger floor plan and a pool. With 3 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