305 W 38th ST, Austin TX 78705

The comparable sales data (3 recent transactions in LAKEVIEW) supports an estimated value of $954,420. The data suggests a list price between $653,000 and $663,000 would attract qualified buyers without leaving money on the table. This home's position in the current LAKEVIEW market: the most expensive of 4 comparable homes on the market among comparable properties. Being built in 1917 (12 years older than comps) is factored into the value estimate. Right now, 4 similar properties are competing for buyers in LAKEVIEW, listed between $610,000 and $1,200,000. Prices in 78705 have fallen 13.4% over the last 6 months. A similar home at 716 W 35th ST, Austin TX 78705 carries an adjusted comparable value of $638,938, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in LAKEVIEW. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group