3006 E 51st ST, Austin TX 78723

After reviewing 7 recent transactions in WHATLEY S, I estimate this property's value at $534,133. A competitive list price for this home right now would fall in the $428,000 to $438,000 range. Relative to what's currently available in WHATLEY S, this home would be the most expensive of 7 comparable homes on the market. At 28 years older than typical comps, the 1947 build date influences the valuation. The larger lot (0.38 acres versus the area average of 0.23) contributes to the valuation. Current inventory shows 7 comparable homes in WHATLEY S; a buyer's market based on recent absorption. Prices in 78723 have risen 1.5% over the last 6 months. A similar home at 3300 Norwood Hill RD, Austin TX 78723 carries an adjusted comparable value of $555,184, providing a strong data point. The comp data here (7 sales in WHATLEY S) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus