3018 S 1ST ST # 204, Austin TX 78704

The estimated value of this property is $234,855, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $170,000 and $180,000. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in 78704. This home's smaller footprint (296 sqft vs the comp average) plays a role in how the market prices it. Built in 1978, this home is 31 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in 78704, ranging from $160,000 to $517,500. Recent trends in 78704 show home values have fallen 1.7% since 6 months ago. The most comparable recent sale is 3018 S 1st ST # 204, Austin TX 78704, with an adjusted value of $175,697; a strong comparable. With 7 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