3305 Jamesborough ST, Austin TX 78703

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,786,714. I'd recommend coming to market at $930,000 to $940,000 to strike the right balance between value and market velocity. Against 7 similar active listings in SHRIVER, this price point lands at the 2nd most expensive of 7 comparable homes on the market. Built in 1966, this home is 9 years newer than the average comp, which is reflected in the adjustments. The 0.79 acre lot (larger than the 0.31 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in SHRIVER; a buyer's market based on recent absorption. The trend in 78703 shows prices have fallen 9.4% in the past 6 months. 2205 Scenic DR, Austin TX 78703 nearby adjusts to $1,840,595; a strong comparable. Based on 7 relevant data points in SHRIVER, 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