2706 S 3rd ST, Austin TX 78704

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $845,268. I'd recommend coming to market at $972,000 to $1,001,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in OAK RIDGE HEIGHTS, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. At 173 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1946, this home is 5 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in OAK RIDGE HEIGHTS (a buyer's market), competition is a factor to consider. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 2608 S 2nd ST, Austin TX 78704 nearby adjusts to $1,001,298; a strong comparable. Based on 7 relevant data points in OAK RIDGE HEIGHTS, 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