3107 Wheeler ST, Austin TX 78705

The market data from 7 similar recent sales in ALDRIDGE PLACE points to a value of approximately $1,157,896. To sell within a reasonable timeframe at fair market value, the $814,000 to $824,000 range is where I'd position this. Against 7 similar active listings in ALDRIDGE PLACE, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 1928 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.19 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in ALDRIDGE PLACE, listed between $725,000 and $1,349,500. In 78705, home values have fallen approximately 18.4% over the past 6 months. One of the strongest data points is 404 W 41st ST, Austin TX 78751, adjusting to $1,335,988; a strong comparable. 7 comparable transactions in ALDRIDGE PLACE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group