2815 Salado ST, Austin TX 78705

The comparable sales data (7 recent transactions in 78705) supports an estimated value of $854,278. The data suggests a list price between $385,000 and $395,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in 78705's current inventory. Being built in 1922 (22 years older than comps) is factored into the value estimate. Lot size matters here: 0.13 acres versus 0.16 for the typical comp. Right now, 7 similar properties are competing for buyers in 78705, listed between $390,000 and $1,195,000. Prices in 78705 have fallen 11.7% over the last 6 months. A similar home at 2825 Shoal Crest Ave, Austin TX 78705 carries an adjusted comparable value of $1,024,383, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in 78705. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group