318 Le Grande Ave, Austin TX 78704

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $2,362,426. I'd recommend coming to market at $1,801,000 to $1,811,000 to strike the right balance between value and market velocity. In the current 78704 market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. Being 539 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a standout feature, with 2 of 3 comparable homes not offering one. 7 similar homes are currently available in 78704, creating a buyer's market for this price range. The trend in 78704 shows prices have fallen 2.8% in the past 6 months. 1704 Newton ST, Austin TX 78704 nearby adjusts to $3,255,869; with a smaller floor plan. Based on 3 relevant data points in 78704, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX