303 W 37th ST, Austin TX 78705

Based on 3 closed sales in LAKEVIEW, the data points to a value around $623,990 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $616,000 to $625,000. Relative to what's currently available in LAKEVIEW, this home would be the most expensive of 4 comparable homes on the market. This home's smaller footprint (137 sqft vs the comp average) plays a role in how the market prices it. Being built in 1926 (10 years older than comps) is factored into the value estimate. There are currently 4 similar homes on the market in LAKEVIEW, ranging from $590,000 to $635,000. Market data shows 78705 prices fallen 11.7% over the last half year. The closest comparable sale, 4007 Avenue F, Austin TX 78751 at an adjusted $770,713, is with a larger floor plan. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus