3001 Wade Ave, Austin TX 78703

Reviewing the most recent comparable transactions, this home's market value falls around $2,278,754. For a well positioned listing in 78703, I'd target the $1,838,000 to $1,848,000 range. Against 6 similar active listings in 78703, this price point lands at the 3rd least expensive of 6 comparable homes on the market. The pool is a differentiator here, since 2 of 3 comparable sales didn't include one. At 0.36 acres, the lot is larger than the 0.32 acre comp average, which factors into pricing. 6 similar homes are currently available in 78703, creating a buyer's market for this price range. Recent trends in 78703 show home values have fallen 9.3% since 6 months ago. The most comparable recent sale is 3403 Northwood CIR, Austin TX 78703, with an adjusted value of $2,164,808; with no pool. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group