Based on 7 closed sales in 78705, the data points to a value around $329,504 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $344,000 to $345,000. This would position the home competitively among 7 active listings in 78705. Buyers in 78705 have 7 comparable options right now, with asking prices between $324,900 and $359,900. Market data shows 78705 prices fallen 11.7% over the last half year. The closest comparable sale, 203 E 31st ST # 206, Austin TX 78705 at an adjusted $359,539, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78705. 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