301 West Ave # 4807, Austin TX 78701

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,186,233. I'd recommend coming to market at $517,000 to $527,000 to strike the right balance between value and market velocity. In the current N//A market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. The 0.00 acre lot (smaller than the 0.04 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in N//A; a buyer's market based on recent absorption. The trend in 78701 shows prices have fallen 24.1% in the past 6 months. 44 East Ave # 4302, Austin TX 78701 nearby adjusts to $1,484,979; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group