2604 W 8th ST # B, Austin TX 78703

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $784,902. I'd recommend coming to market at $481,000 to $491,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in 78703. The 0.17 acre lot (larger than the 0.07 acre average) is reflected in the estimate. With 7 similar homes currently listed in 78703 (a buyer's market), competition is a factor to consider. The trend in 78703 shows prices have fallen 9.3% in the past 6 months. 2408 Enfield RD # 214, Austin TX 78703 nearby adjusts to $568,671; with a smaller floor plan. Based on 7 relevant data points in 78703, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX