3117 E 51st ST # 8, Austin TX 78723

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $893,525. Pricing this home between $645,000 and $655,000 would put it in the competitive sweet spot for LOFTS ST. STEPHENS. This would position the home competitively among 4 active listings in LOFTS ST. STEPHENS. Being 197 sqft smaller than the average comparable sale in this area impacts the per square foot value. With 4 similar homes currently listed in LOFTS ST. STEPHENS (a balanced market), competition is a factor to consider. Market data shows 78723 prices risen 4.8% over the last half year. The closest comparable sale, 2925 Zach Scott ST, Austin TX 78723 at an adjusted $774,620, is a strong comparable. The comp data here (7 sales in LOFTS ST. STEPHENS) 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