301 West Ave, Austin TX 78701

The market data from 7 similar recent sales in INDEPENDENT points to a value of approximately $831,069. To sell within a reasonable timeframe at fair market value, the $499,000 to $509,000 range is where I'd position this. Among the similar homes currently available in INDEPENDENT, this price point stands out as competitive. At 1.00 acres, the lot is larger than the 0.02 acre comp average, which factors into pricing. Buyers in INDEPENDENT have 7 comparable options right now, with asking prices between $460,000 and $1,499,000. In 78701, home values have fallen approximately 23% over the past 6 months. One of the strongest data points is 301 West Ave # 2001, Austin TX 78701, adjusting to $1,097,625; a strong comparable. 7 comparable transactions in INDEPENDENT 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