3001 Garwood ST, Austin TX 78702

The estimated value of this property is $612,547, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $472,000 and $482,000. In the current BRASS G market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. Built in 1934, this home is 65 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in BRASS G; a buyer's market based on recent absorption. Recent trends in 78702 show home values have fallen 4.5% since 6 months ago. The most comparable recent sale is 603 Vermont RD # 2, Austin TX 78702, with an adjusted value of $586,707; a strong comparable. With 7 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