304 W 55 1/2 ST, Austin TX 78751

After reviewing 7 recent transactions in NORTHFIELD ANNEX, I estimate this property's value at $409,261. A competitive list price for this home right now would fall in the $211,000 to $221,000 range. This home's position in the current NORTHFIELD ANNEX market: the most expensive of 7 comparable homes on the market among comparable properties. This home's smaller footprint (376 sqft vs the comp average) plays a role in how the market prices it. At 7 years older than typical comps, the 1949 build date influences the valuation. With 7 similar homes currently listed in NORTHFIELD ANNEX (a buyer's market), competition is a factor to consider. Prices in 78751 have fallen 12.3% over the last 6 months. A similar home at 912 1/2 E 50th ST, Austin TX 78751 carries an adjusted comparable value of $345,777, providing a strong data point. The comp data here (7 sales in NORTHFIELD ANNEX) 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