3003 E 18th ST, Austin TX 78702

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $979,297. I'd recommend coming to market at $795,000 to $805,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in MCKINLEY HEIGHTS, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. Being 213 sqft larger than the average comparable sale in this area impacts the per square foot value. Current inventory shows 7 comparable homes in MCKINLEY HEIGHTS; a buyer's market based on recent absorption. The trend in MCKINLEY HEIGHTS shows prices have fallen 60.3% in the past 6 months. 1803 Clifford Ave, Austin TX 78702 nearby adjusts to $1,188,429; 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