2935 E Martin Luther King Jr BLVD # B, Austin TX 78702

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $951,121. I'd recommend coming to market at $923,000 to $980,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 5 comparable homes on the market comparable homes currently on the market in DIVISION. The 223 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.19 acre lot (larger than the 0.13 acre average) is reflected in the estimate. 5 similar homes are currently available in DIVISION, creating a buyer's market for this price range. The trend in DIVISION shows prices have fallen 7.4% in the past 6 months. 1402 E 11th ST, Austin TX 78702 nearby adjusts to $1,153,563; with a smaller floor plan. 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