305 W 29th ST, Austin TX 78705

After reviewing 7 recent transactions in WHITIS, I estimate this property's value at $651,641. A competitive list price for this home right now would fall in the $345,000 to $355,000 range. Relative to what's currently available in WHITIS, this home would be the 2nd most expensive of 7 comparable homes on the market. Being 502 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.03 acres versus the area average of 0.16) contributes to the valuation. The active market in WHITIS includes 7 comparable homes priced from $329,000 to $635,000. Prices in 78705 have fallen 11.7% over the last 6 months. A similar home at 4536 Duval ST # 2, Austin TX 78751 carries an adjusted comparable value of $578,855, providing a strong data point. The comp data here (7 sales in WHITIS) 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