Based on 7 closed sales in SOUTH TERRACE, the data points to a value around $1,692,802 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $2,096,000 to $2,188,000. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in SOUTH TERRACE's current inventory. 7 similar homes are currently available in SOUTH TERRACE, creating a buyer's market for this price range. Market data shows SOUTH TERRACE prices fallen 5.9% over the last half year. The closest comparable sale, 2201 Arpdale ST, Austin TX 78704 at an adjusted $1,744,279, is with a pool. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus