3306 Jamesborough ST, Austin TX 78703

The market data from 3 similar recent sales in SHRIVER points to a value of approximately $1,655,120. To sell within a reasonable timeframe at fair market value, the $1,123,000 to $1,133,000 range is where I'd position this. In the current SHRIVER market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. At 125 sqft larger than the typical comp, the size difference factors into the valuation. At 0.48 acres, the lot is larger than the 0.30 acre comp average, which factors into pricing. 7 similar homes are currently available in SHRIVER, creating a buyer's market for this price range. In 78703, home values have fallen approximately 8.2% over the past 6 months. One of the strongest data points is 2620 Pecos ST, Austin TX 78703, adjusting to $1,403,528; with a smaller floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group