3005 Kinney Ave, Austin TX 78704

The market data from 3 similar recent sales in SOUTH TERRACE points to a value of approximately $737,466. To sell within a reasonable timeframe at fair market value, the $267,000 to $277,000 range is where I'd position this. Against 7 similar active listings in SOUTH TERRACE, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The larger floor plan (106 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1961 construction puts this home 13 years newer than the comp average, a factor in the pricing. Buyers in SOUTH TERRACE have 7 comparable options right now, with asking prices between $299,000 and $999,000. In 78704, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 2206 La Casa DR, Austin TX 78704, adjusting to $673,360; a strong comparable. 3 comparable transactions in SOUTH TERRACE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group