300 Pressler ST # 312, Austin TX 78703

This home was listed at $1,649,000 and was on the market for 120 days before expiring. Based on comparable sales, the market data suggests a value closer to $1,370,669. Here are some factors that may have played a role: At $1136/sqft, the asking price appears to have been significantly above the neighborhood average of $535/sqft. That gap that can deter buyer interest. After 120 days on market, buyer interest typically drops, and listings can become "stale" in buyer perception. Coming to market in November may have put this home in a slower seasonal window for the Austin area. Being built in 2027 (46 years newer than comps) is factored into the value estimate. Lot size matters here: 1.10 acres versus 0.16 for the typical comp. The strength of this estimate comes from 7 directly comparable sales in DIVISION. 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