3402 Cedar ST, Austin TX 78705

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $938,472. To generate strong buyer interest while maximizing value, I'd price this between $345,000 and $355,000. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in INMAN HEIGHTS. The 1917 construction puts this home 9 years older than the comp average, a factor in the pricing. At 0.18 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in INMAN HEIGHTS; a buyer's market based on recent absorption. The trend in 78705 shows prices have fallen 15.3% in the past 6 months. 4005 Avenue F Ave, Austin TX 78751 nearby adjusts to $958,808; a strong comparable. 3 comparable transactions in INMAN HEIGHTS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group