Based on 7 closed sales in SOUTH TERRACE, the data points to a value around $1,921,572 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,683,000 to $1,693,000. This pricing would rank the home as the 3rd least expensive of 6 comparable homes on the market in SOUTH TERRACE's current inventory. 6 similar homes are currently available in SOUTH TERRACE, creating a buyer's market for this price range. Market data shows 78704 prices fallen 3.9% over the last half year. The closest comparable sale, 2201 Arpdale ST, Austin TX 78704 at an adjusted $1,744,164, 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