304 W 55th ST, Austin TX 78751

Reviewing the most recent comparable transactions, this home's market value falls around $515,426. For a well positioned listing in NORTHFIELD ANNEX, I'd target the $657,000 to $685,000 range. In the current NORTHFIELD ANNEX market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. The 1930 construction puts this home 34 years older than the comp average, a factor in the pricing. At 0.14 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. Buyers in NORTHFIELD ANNEX have 3 comparable options right now, with asking prices between $660,000 and $830,000. Recent trends in 78751 show home values have fallen 11.6% since 6 months ago. The most comparable recent sale is 5507 Duval ST # A, Austin TX 78751, with an adjusted value of $508,724; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group